Mathematics – Optimization and Control
Scientific paper
2010-04-19
Mathematics
Optimization and Control
Scientific paper
In this paper, we examine higher order difference problems. Using the
"squeezing" argument, we derive both Euler's condition and the transversality
condition. In order to derive the two conditions, two needed assumptions are
identified. A counterexample, in which the transversality condition is not
satisfied without the two assumptions, is also presented.
Cai Dapeng
Nitta Takashi Gyoshin
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