摘要翻译：
本文给出了离散时间动态最优性的新条件，并利用这些条件建立了几种常用的递归偏好规范的基本动态规划结果。其中包括Epstein-Zin偏好、风险敏感偏好、狭窄框架模型和对歧义敏感的递归偏好。这些应用得到的结果包括：(i)最优策略的存在性，(ii)Bellman方程解的唯一性，(iii)利用Bellman最优性原理刻画最优策略的完备性，(iv)利用值函数迭代的全局收敛计算方法。
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英文标题：
《Dynamic Programming with Recursive Preferences: Optimality and
  Applications》
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作者：
Guanlong Ren and John Stachurski
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最新提交年份：
2020
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分类信息：

一级分类：Economics        经济学
二级分类：General Economics        一般经济学
分类描述：General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类：Quantitative Finance        数量金融学
二级分类：Economics        经济学
分类描述：q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学，包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要：
  This paper provides new conditions for dynamic optimality in discrete time and uses them to establish fundamental dynamic programming results for several commonly used recursive preference specifications. These include Epstein-Zin preferences, risk-sensitive preferences, narrow framing models and recursive preferences with sensitivity to ambiguity. The results obtained for these applications include (i) existence of optimal policies, (ii) uniqueness of solutions to the Bellman equation, (iii) a complete characterization of optimal policies via Bellman's principle of optimality, and (iv) a globally convergent method of computation via value function iteration.
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PDF链接：
https://arxiv.org/pdf/1812.05748