Infinite Horizon Optimization for Finite State Markov Chain

DOI10.1137/0325088zbMath0634.93080OpenAlexW2173500049MaRDI QIDQ3773809

Arie Leizarowitz

Publication date: 1987

Published in: SIAM Journal on Control and Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1137/0325088

zbMATH Keywords

long run averagefinite state Markov chainovertaking optimality criterioninfinite horizon controlstationary optimal strategy

Mathematics Subject Classification ID

Markov chains (discrete-time Markov processes on discrete state spaces) (60J10) Optimal stochastic control (93E20) Existence of optimal solutions to problems involving randomness (49J55)

Related Items (3)

Controlled Markov processes on the infinite planning horizon: Weighted and overtaking cost criteria ⋮ Overtaking Optimal Regulation and Tracking of Piecewise Diffusion Linear Systems ⋮ Infinite horizon optimality criteria for equipment replacement under technological change

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