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jlperla authored Nov 21, 2017
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* From Pontus Rendahl: http://www.princeton.edu/~moll/Pontus_Lecture1.pdf and http://www.princeton.edu/~moll/Pontus_Lecture2.pdf
* [Stopping Time Problem I: Exercising an Option:](http://www.princeton.edu/~moll/HACTproject/option_simple.pdf):

## Variations on Solutions to Optimal Stopping Problems
See Ben Moll's [Heterogeneous Agent Models in Continuous Time](http://www.princeton.edu/~moll/HACTproject.htm) project. In particular
* [Stopping Time Problem I: Exercising an Option:](http://www.princeton.edu/~moll/HACTproject/option_simple.pdf)


## Detailed Notes on Methods
* See [operator_discretization_finite_differences.pdf](operator_discretization_finite_differences.pdf) for details on the discretization of the stochastic proceses (both stationary and time-varying), and the solution to simple value function and stationary distribution calculuations.
* See [optimal_stopping.pdf](optimal_stopping.pdf) for details on solving optimal stopping problem (given the discretization).
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