On compactness of the space of policies in stochastic dynamic programming
For stochastic dynamic programming models with compact, history-dependent action sets, sufficient conditions are given for the existence of a topology such that (i) the space of policies is compact, and (ii) the expected reward functionals are upper semicontinuous. The sufficient conditions (C) used here are weaker than both conditions (W) and (S) of Schäl, and unify these.
Year of publication: |
1989
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Authors: | Balder, Erik J. |
Published in: |
Stochastic Processes and their Applications. - Elsevier, ISSN 0304-4149. - Vol. 32.1989, 1, p. 141-150
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Publisher: |
Elsevier |
Keywords: | dynamic programming expected utility criterion compact policy space |
Saved in:
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