Denumerable State Markov Decision Processes with Unbounded Costs.

Abstract

The report establishes sufficient conditions for both the existence of stationary optimal policies and the optimality of stationary policies in Markov decision processes with unbounded costs. The optimization criteria considered are minimum expected discounted cost over an infinite horizon and minimum expected average cost per unit time. Sufficient conditions that one may frequently establish in applications are given for the existence of a stationary optimal policy for both optimization criteria. (Modified author abstract)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1974
Accession Number
AD0777392

Entities

People

  • Frank C. Reed

Organizations

  • Naval Air Weapons Station China Lake

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Optimization
  • Stationary

Readers

  • Mathematical Modeling and Probability Theory.