Speakur

Word Pronunciation & Dictionary

transversality condition

Word Rarity Very rare

Frequency: Zipf frequency 1.05 in modern English

Syllables
transver-sal-i-ty -con-di-tion
IPA
32
Scrabble Score
23
Letters
7
Syllables
13
Unique Chars

Meaning

noun

A terminal condition on a costate variable in a, usually infinite, time optimization problem.

Etymology

To quote from Optimization in economics and finance : This terminal condition on λ(T) has often been called a transversality condition, for historical reasons deriving from time-optimal problems, where the (variable) time T to reach a target is minimized. In that situation, the transversality condition appears as a description of how the optimal path crosses a terminal line (graphing state against T).

Inflected Forms

transversality conditions (plural)

Questions

What does transversality condition mean?
A terminal condition on a costate variable in a, usually infinite, time optimization problem.
Where does transversality condition come from?
To quote from Optimization in economics and finance : This terminal condition on λ(T) has often been called a transversality condition, for historical reasons deriving from time-optimal problems, where the (variable) time T to reach a target is minimized. In that situation, the transversality condition appears as a description of how the optimal path crosses a terminal line (graphing state against T).

How to pronounce transversality condition

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