Optimal steady states, excessive functions, and deterministic dynamic programs
type: Item
instance of: scholarly article
title: Optimal steady states, excessive functions, and deterministic dynamic programs
zbMATH Open document ID: 0697.90084
DOI: 10.1016/0022-247X(89)90353-3
author: James Flynn
published in: Journal of Mathematical Analysis and Applications
publication date: 1989-01-01T00:00:00Z
review text: The paper deals with the undiscounted, deterministic, stationary dynamic programming model with state and action spaces being subsets of Euclidean spaces, bounded cost function, and infinite planning horizon. The author defines optimal steady states and discusses the relationship between them and Lagrangian saddle-points. Then he introduces excessive functions and characterizes by means of them optimal steady states.
Mathematics Subject Classification ID: 90C39
zbMATH DE Number: 4143806
zbMATH Keywords: undiscounted, deterministic, stationary dynamic programming
zbMATH Keywords: infinite planning horizon
zbMATH Keywords: optimal steady states
zbMATH Keywords: Lagrangian saddle-points
zbMATH Keywords: excessive functions
reviewed by: Andrzej Nowak
MaRDI profile type: Publication
cites work: Q5650471
cites work: Q3910340
cites work: Steady State Policies for Deterministic Dynamic Programs
cites work: On optimality criteria for dynamic programs with long finite horizons
cites work: A Dynamic Programming Model of Fractional Flows with Application to Maintenance and Replacement Problems
cites work: An Algorithm for a Dynamic Programming Model of Fractional Flows
cites work: Q5599348
description: scientific article; zbMATH DE number 4143806