Last Updated
:2025/11/26
transversality condition
Noun
Japanese Meaning
経済学における最適化問題(特に無限期間の最適化問題)で、補助変数(コスト変数)の終端または限界における条件。 / 最適制御問題において、最適解の妥当性を保証するために、時間の末端(無限大の場合も含む)で成り立たせる必要のある条件。
( plural )
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(economics) A terminal condition on a costate variable in a, usually infinite, time optimization problem.
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transversality condition
In solving infinite-horizon growth models, economists impose a transversality condition to rule out implausible accumulation of capital.
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In solving infinite-horizon growth models, economists impose a transversality condition to rule out implausible accumulation of capital.
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