On computing the expected discounted return in a markov chain

DOI10.1002/nav.3800170210zbMath0205.48201OpenAlexW2139988159MaRDI QIDQ5605606

D. F. Hitchcock, James B. MacQueen

Publication date: 1970

Published in: Naval Research Logistics Quarterly (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/nav.3800170210

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39) Markov and semi-Markov decision processes (90C40) Markov processes (60J99)

Related Items

Improved iterative computation of the expected discounted return in Markov and semi-Markov chains ⋮ Zur Extrapolation in Markoffschen Entscheidungsmodellen mit Diskontierung