The 10th anniversary special issue (Q955473)
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English | The 10th anniversary special issue |
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The 10th anniversary special issue (English)
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20 November 2008
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Summary: This paper is concerned with the problem of controlling a truncated general immigration process, which represents a population of harmful individuals, by the introduction of a predator. If the parameters of the model satisfy some mild conditions, the existence of a control-limit policy that is average-cost optimal is proved. The proof is based on the uniformization technique and on the variation of a fictitious parameter over the entire real line. Furthermore, an efficient Markov decision algorithm is developed that generates a sequence of improving control-limit policies converging to the optimal policy.
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