Bias optimality versus strong 0-discount optimality in Markov control processes with unbounded costs
type: Item
instance of: scholarly article
title: Bias optimality versus strong 0-discount optimality in Markov control processes with unbounded costs
zbMATH Open document ID: 1049.93089
DOI: 10.1023/A:1024996308133
author: Nadine Hilgert
author: Onésimo Hernández-Lerma
published in: Acta Applicandae Mathematicae
publication date: 2003-09-25T00:00:00Z
review text: Discrete-time Markov control problems on Borel spaces are studied under the aspects of optimality w.r.t. expected average cost, discount-sensitive criteria, and bias. The relation of the results on the different problems is explained and an example illustrates the usefulness of the results.
reviewed by: Michael Kohlmann
Mathematics Subject Classification ID: 93E20
Mathematics Subject Classification ID: 90C40
zbMATH DE Number: 1985809
zbMATH Keywords: Markov control processes
zbMATH Keywords: average cost
zbMATH Keywords: bias optimality
zbMATH Keywords: discount-sensitive criteria
MaRDI profile type: Publication
full work available at URL: a:1024996308133
OpenAlex ID: W196840583
description: scientific article; zbMATH DE number 1985809