IDEAS home Printed from https://ideas.repec.org/a/inm/ormnsc/v24y1978i5p576-580.html
   My bibliography  Save this article

Note--A Note on Dynamic Programming with Unbounded Rewards

Author

Listed:
  • J. A. E. E. van Nunen

    (Graduate School of Management, Delft)

  • J. Wessels

    (Eindhoven University of Technology)

Abstract

In a recent paper, Lippman presents sufficient conditions for Denardo's N-stage contraction in discounted semi-Markov decision processes with unbounded rewards. In this note it is demonstrated that Lippman's conditions may be replaced by weaker conditions which even imply 1-stage contraction. The verification of the conditions of this note is somewhat easier.

Suggested Citation

  • J. A. E. E. van Nunen & J. Wessels, 1978. "Note--A Note on Dynamic Programming with Unbounded Rewards," Management Science, INFORMS, vol. 24(5), pages 576-580, January.
  • Handle: RePEc:inm:ormnsc:v:24:y:1978:i:5:p:576-580
    DOI: 10.1287/mnsc.24.5.576
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/mnsc.24.5.576
    Download Restriction: no

    File URL: https://libkey.io/10.1287/mnsc.24.5.576?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Evgueni Gordienko & Enrique Lemus-Rodríguez & Raúl Montes-de-Oca, 2008. "Discounted cost optimality problem: stability with respect to weak metrics," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 68(1), pages 77-96, August.
    2. Nadine Hilgert & J. Minjárez-Sosa, 2006. "Adaptive control of stochastic systems with unknown disturbance distribution: discounted criteria," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 63(3), pages 443-460, July.
    3. Hong Chen & Murray Zed Frank, 2022. "Equilibrium Defaultable Corporate Debt and Investment," Papers 2202.05885, arXiv.org.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:24:y:1978:i:5:p:576-580. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.