Clarke Differentials and the Envelope Theorem in Dynamic Programming
Yuhki Hosoya
Papers from arXiv.org
Abstract:
In this paper, we consider a deterministic dynamic programming model, and derive the envelope theorem using the Clarke differential. Compared with previous research, we do not require differentiability, convexity, or boundedness.
Date: 2025-09, Revised 2025-11
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://arxiv.org/pdf/2509.17103 Latest version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2509.17103
Access Statistics for this paper
More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().