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Decisions in Economics and Finance

Erschienen in:

15.02.2019

Optimal markov strategies

verfasst von: William D. Sudderth

Erschienen in: Decisions in Economics and Finance | Ausgabe 1/2020

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Abstract

For discrete Dubins–Savage gambling problems (Markov decision processes) with payoff equal to the limsup of the utilities of the sequence of successive states, the existence of an optimal strategy at every fortune implies the existence of an optimal Markov strategy at every fortune. If the state space is finite, the same is true when the payoff is the liminf.

Vorheriger Artikel Predictive distributions that mimic frequencies over a restricted subdomain

Nächster Artikel Semilattices, canonical embeddings and representing measures

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Titel: Optimal markov strategies
verfasst von: William D. Sudderth
Publikationsdatum: 15.02.2019
Verlag: Springer International Publishing
Erschienen in: Decisions in Economics and Finance / Ausgabe 1/2020
Print ISSN: 1593-8883
Elektronische ISSN: 1129-6569
DOI: https://doi.org/10.1007/s10203-019-00235-0

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