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lectures/ifp.md

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@@ -188,7 +188,7 @@ V(a, z) := \max \, \mathbb{E}
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where the maximization is overall feasible consumption paths from $(a,z)$.
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An **optimal consumption path** from $(a,z)$ is a feasible consumption path from $(a,z)$ that attains the supremum in {eq}`eqvf`.
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An **optimal consumption path** from $(a,z)$ is a feasible consumption path from $(a,z)$ that maximizes {eq}`eqvfs`.
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To pin down such paths we can use a version of the Euler equation, which in the present setting is
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