Cake eating problem
With backwards iteration for timet=T 2
βT ^3 u^0 (ct) VT^0 1 (wt ct) = βT ^3 u^0 (ct) VT^0 1 (wT 1 )= 0
βT ^3 u^0 (cT 2 ) = VT^0 1 (wT 1 ).
But how do we calculate
VT^0 1 (wT 1 )?
With backwards iteration for timet=T 2
βT ^3 u^0 (ct) VT^0 1 (wt ct) = βT ^3 u^0 (ct) VT^0 1 (wT 1 )= 0
βT ^3 u^0 (cT 2 ) = VT^0 1 (wT 1 ).
But how do we calculate
VT^0 1 (wT 1 )?