Before revision:  To do so, we derive new fixed-point results which use monotonicity and convexity of the value function recursion and which are embedded within a Banach space of " thin-tailed " functions that arises naturally from the structure of  recursion.
After revision:  To do so, we derive new fixed-point results which use monotonicity and convexity of the value function recursion and which are embedded within a Banach space of " thin-tailed " functions that arises naturally from the structure of the continuation value recursion.