INFINITESIMAL LOOK-AHEAD STOPPING RULES

Abstract

The continuous time optimal stopping problem is considered and an infinitesimal look ahead procedure is defined. Sufficient conditions are then given which ensure that this procedure, which is the continuous time analogue of the one stage look ahead rule in the discrete time problem, is optimal. These results are then applied to a class of continuous time Markov decision processes.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1969
Accession Number
AD0688150

Entities

People

  • Sheldon M. Ross

Organizations

  • University of California, Berkeley

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Abstracts
  • Analogs
  • Blood Coagulation Factors
  • California
  • Contracts
  • Engineering
  • Industrial Engineering
  • Markov Processes
  • Military Research
  • North Carolina
  • Operations Research
  • Probability
  • Random Variables
  • United States
  • United States Government
  • Universities

Fields of Study

  • Mathematics

Readers

  • Adaptive Control and Estimation with Uncertainty in Dynamic Systems.
  • Educational Psychology
  • Linear Algebra