Hopf-Lax Formula for Variational Problems with Non-Constant Discount Articles uri icon

publication date

  • September 2009

start page

  • 357

end page

  • 367

issue

  • 3

volume

  • 1

international standard serial number (ISSN)

  • 1941-4889

electronic international standard serial number (EISSN)

  • 1941-4897

abstract

  • We provide a Hop-Lax formula for variational problems with non-constant discount and deduce a dynamic programming equation. We also study some regularity properties of the value function