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Population ethics and the existence of value functions

✍ Scribed by Charles Blackorby; Walter Bossert; David Donaldson


Book ID
114095118
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
76 KB
Volume
82
Category
Article
ISSN
0047-2727

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The existence of value functions for general two-player, zero-sum stochastic differential games has been obtained by Fleming and Souganidis. In this paper we present a new approach to this problem. We prove optimality inequalities of dynamic programming for viscosity sub-and supersolutions of the as