Markov control processes with randomized discounted cost

Autor:	Raquiel R. López-Martínez, J. Rubén Pérez-Hernández, Juan González-Hernández
Rok vydání:	2006
Předmět:	Mathematical optimization Markov kernel Markov chain General Mathematics Variable-order Markov model Markov process Management Science and Operations Research Markov model symbols.namesake Markov renewal process symbols Markov property Markov decision process Software Mathematics
Zdroj:	Mathematical Methods of Operations Research. 65:27-44
ISSN:	1432-5217 1432-2994
DOI:	10.1007/s00186-006-0092-2
Popis:	In this paper we consider Markov Decision Processes with discounted cost and a random rate in Borel spaces. We establish the dynamic programming algorithm in finite and infinity horizon cases. We provide conditions for the existence of measurable selectors. And we show an example of consumption-investment problem.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::47699d8f4be9d8ca6acd96fbeecb37c4 https://doi.org/10.1007/s00186-006-0092-2 Zobrazit plný text záznamu Full text from SpringerLink