Countable State Average Cost Regenerative Stopping Problems.
Abstract
Regenerative stopping problems are stopping problems which recommence from the initial state upon stopping. An algorithm is presented which solves a semi-Markov regenerative stopping problem with a finite number of continue actions by solving a sequence of stopping problems. New results for the optimal stopping problem are obtained as well as for the regenerative stopping problem. Two models in the literature are used as detailed examples of the algorithm. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1979
- Accession Number
- ADA078509
Entities
People
- Bruce L. Miller
Organizations
- University of California, Los Angeles