T. Kamihigashi, “Elementary Results on Solutions to the Bellman Equation of Dynamic Programming: Existence, Uniqueness, and Convergence,” Discussion Paper Series, No. DP2012-31, RIEB Kobe University, Kobe, 2012.

has been cited by the following article:

• TITLE: A Fixed Point Theorem and an Application to Bellman Operators

  AUTHORS: Yuhki Hosoya, Masayuki Yao

  KEYWORDS: Bellman Operator; Uniform Convergence

  JOURNAL NAME: Theoretical Economics Letters, Vol.3 No.1, February 26, 2013

  ABSTRACT: This study introduces a new definition of a metric that corresponds with the topology of uniform convergence on any compact set, and shows both the existence of a unique fixed point of some operator by using this metric and that the iteration of such an operator results in convergence to this fixed point. We demonstrate that this result can be applied to Bellman operators in many situations involving economic dynamics.