STUDIES IN FUNCTIONAL EQUATIONS OCCURRING IN DECISION PROCESSES
Abstract
Certain problems are considered which arise from a stody of the Bales decision making model. The Markov process associated with this model is considered and existence and continuity, as well as a functional equation, are obtained for the limit distribution. Generalizations of this functionalequation are discussed and a detailed treatment is given for the one-dimensional case.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 18, 1963
- Accession Number
- AD0422825
Entities
People
- Harold N. Shapiro
- Richard E. Bellman
- T. E. Harris
Organizations
- RAND Corporation