InÖnite cake eating problem
The inÖnite cake eating problem is
∞∑
t= 0βtu(ct)!maxwt+ 1 =wt ct,t= 0 , 1 ,...
ct 2 [ 0 ,wt],t= 0 , 1 ,...w 0 is given.
greg delong
(Greg DeLong)
#1
The inÖnite cake eating problem is
∞t= 0βtu(ct)!maxwt+ 1 =wt ct,t= 0 , 1 ,...
ct 2 [ 0 ,wt],t= 0 , 1 ,...w 0 is given.