10. Sensitive Discount Optimality

  1. Martin L. Puterman

Published Online: 27 MAY 2008

DOI: 10.1002/9780470316887.ch10

Markov Decision Processes: Discrete Stochastic Dynamic Programming

Markov Decision Processes: Discrete Stochastic Dynamic Programming

How to Cite

Puterman, M. L. (1994) Sensitive Discount Optimality, in Markov Decision Processes: Discrete Stochastic Dynamic Programming, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9780470316887.ch10

Author Information

  1. University of British Columbia

Publication History

  1. Published Online: 27 MAY 2008
  2. Published Print: 15 APR 1994

ISBN Information

Print ISBN: 9780471619772

Online ISBN: 9780470316887

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Keywords:

  • transient performance;
  • queueing control problems;
  • sensitive discount optimality;
  • average reward criterion;
  • optimality equations

Summary

The prelims comprise:

  • Existence of Optimal Policies

  • Optimality Equations

  • Policy Iteration

  • The Expected Total-Reward Criterion Revisited