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Envelope condition method versus endogenous grid method for solving dynamic programming problems

โœ Scribed by Maliar, Lilia; Maliar, Serguei


Book ID
123305143
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
379 KB
Volume
120
Category
Article
ISSN
0165-1765

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โœ Alexander A. Lazarev; Frank Werner ๐Ÿ“‚ Article ๐Ÿ“… 2009 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 656 KB

## a b s t r a c t In this paper, we consider a graphical realization of dynamic programming. The concept is discussed on the partition and knapsack problems. In contrast to dynamic programming, the new algorithm can also treat problems with non-integer data without necessary transformations of the