Master student here.
I am looking for any resources for the intuition on how to use DP and solved examples (not code).
I more or less got the mathematical part like blackwell conditions, principle of optimality etc, but I can't understand how to apply it (e.g. what state and control variables to use, what constraints matter, how many Bellman equations, are needed to describe the equilibrium , what value functions are there and so on).
Most books/notes I've seen just have one extremaly simple example with 1 state, 1 control for the growth model, which is obvious. However, extending this to many variables and functions was rather hard for me.