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On fractional flow models and equivalent finite state processes - MaRDI portal

On fractional flow models and equivalent finite state processes (Q1106740)

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scientific article; zbMATH DE number 4062857
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On fractional flow models and equivalent finite state processes
scientific article; zbMATH DE number 4062857

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    On fractional flow models and equivalent finite state processes (English)
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    1988
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    The relations between a dynamic programming model of fractional flows in an n-sector system and certain finite-state processes are considered. Under certain conditions, the flow model is ``equivalent'' to an n-state Markov decision process, allowing for simpler computation. Where ``equivalence'' fails, a partial solution to the flow model follows from the solution to an (n\(+1)\)-state semi-Markov decision process.
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    fractional flows
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    n-sector system
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    finite-state processes
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    n-state Markov decision process
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    equivalence
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    \((n+1)\)-state semi-Markov decision process
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