Block-successive approximation for a discounted Markov decision model (Q2265958)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Block-successive approximation for a discounted Markov decision model |
scientific article |
Statements
Block-successive approximation for a discounted Markov decision model (English)
0 references
1985
0 references
We suggest a new successive approximation method to compute the optimal discounted reward for finite state and action, discrete time, discounted Markov decision chains. The method is based on a block partitioning of the (stochastic) matrices corresponding to the stationary policies. The method is particularly attractive when the transition matrices are jointly nearly decomposable or nearly completely decomposable.
0 references
successive approximation
0 references
optimal discounted reward
0 references
finite state and action, discrete time, discounted Markov decision chains
0 references
block partitioning
0 references
stationary policies
0 references
