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22 changes: 22 additions & 0 deletions _posts/2026-03-13-dynamic-programming-volume-2.md
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---
layout: post
title: "Dynamic Programming Volume II: General States Now Available"
author: QuantEcon
excerpt: Volume II of Dynamic Programming by Thomas J. Sargent and John Stachurski is now available for free download, covering general state space theory and applications.
tag: [books]
---

Volume II of *Dynamic Programming* by [Thomas J. Sargent](https://www.tomsargent.com/) and [John Stachurski](https://johnstachurski.net/) is now available for free download.

**Volume II: General States** extends the finite state framework of Volume I to general state spaces, covering:

**Part I: General Theory**
- Abstract Dynamic Programs (Parts 1-3)
- Transforms

**Part II: Models and Applications**
- Concave DP Problems
- Risk-Sensitive Dynamic Programming
- Applications

The book is available as a free PDF download from the [Dynamic Programming website](https://dp.quantecon.org/), alongside Volume I and its accompanying code and slides.
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