The Laurent series, sensitive discount and Blackwell optimality for continuous-time controlled Markov chains

Abstract

This paper gives conditions for the convergence of the Laurent series expansion for a class of continuous-time controlled Markov chains with possibly unbounded reward (or cost) rates and unbounded transition rates. That series is then used to study several optimization criteria, including n-discount optimality (for n 1⁄4 1; 0; 1; . . .), Blackwell… (More)
DOI: 10.1007/s001860400393

Topics

Figures and Tables

Sorry, we couldn't extract any figures or tables for this paper.

Slides referencing similar topics