Iyer, Krishnamurthy; Hemachandra, Nandyala - In: Mathematical Methods of Operations Research 71 (2010) 3, pp. 401-425
We consider a discrete time Markov Decision Process (MDP) under the discounted payoff criterion in the presence of additional discounted cost constraints. We study the sensitivity of optimal Stationary Randomized (SR) policies in this setting with respect to the upper bound on the discounted...