Constrained continuous-time Markov decision processes with average criteria (Q2483010): Difference between revisions
From MaRDI portal
Set profile property. |
Set OpenAlex properties. |
||
Property / full work available at URL | |||
Property / full work available at URL: https://doi.org/10.1007/s00186-007-0154-0 / rank | |||
Normal rank | |||
Property / OpenAlex ID | |||
Property / OpenAlex ID: W1970727099 / rank | |||
Normal rank |
Revision as of 20:50, 19 March 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Constrained continuous-time Markov decision processes with average criteria |
scientific article |
Statements
Constrained continuous-time Markov decision processes with average criteria (English)
0 references
5 May 2008
0 references
Constrained continuous-time Markov decision processes with a denumerable state space and unbounded reward/cost and transition rates are studied. The criterion to be maximized is the expected average reward, and a constraint is imposed on an expected average cost. The authors give suitable conditions that ensure the existence of a constrained-optimal policy. Moreover, they show that the constrained-optimal policy randomizes between two stationary policies differing in at most one state. A controlled queueing system is used to illustrate the obtained conditions.
0 references
continuous-time Markov decision process
0 references
unbounded reward/cost and transition rates
0 references
average criteria
0 references
constrained-optimal policy
0 references