Josa-Fombellida, RicardoRincón-Zapatero, Juan PabloUniversidad Carlos III de Madrid. Departamento de Economía2008-12-032009-06-232009-07-202008-12-032009-06-232009-07-202008-112340-5031https://hdl.handle.net/10016/3236The paper provides a systematic way for finding a partial differential equation that characterize directly the optimal control, in the framework of one?dimensional stochastic control problems of Mayer, with no constraints on the controls. The results obtained are applied to some significative models in financial economics.application/pdfapplication/octet-streamapplication/octet-streamapplication/octet-streamtext/plainengAtribución-NoComercial-SinDerivadas 3.0 EspañaDynamic programmingStochastic controlQuasilinear parabolic equationInvestment problemsworking paperC61Economíaopen accesswe086630