Generalised discounting in dynamic programming with unbounded returns

DOI10.1016/J.ORL.2014.03.004MaRDI QIDQ1785221zbMATH OpenOpenAlexFDO

Authors Anna Jaskiewicz, Janusz Matkowski, Andrzej S. Nowak

Publication date 28 September 2018

Published in Operations Research Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.orl.2014.03.004

zbMATH Keywords

dynamic programmingeconomic growthBellman equationunbounded returnsdiscount functions

Mathematics Subject Classification ID

Dynamic programming (90C39) Markov and semi-Markov decision processes (90C40) Economic growth models (91B62)

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• Stochastic games with unbounded payoffs: applications to robust control in economics
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Cited in

(16)

• Stochastic dynamic programming with non-linear discounting
• Discounting long run average growth in stochastic dynamic programs
• Optimal Growth Models with Discounted Return
• Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff
• On finite approximations to Markov decision processes with recursive and nonlinear discounting
• On maximin dynamic programming and the rate of discount
• On the expected total reward with unbounded returns for Markov decision processes
• Dynamic programming with state-dependent discounting
• Optimal growth models with bounded or unbounded returns: A unifying approach
• Low discounting and the upper long-run average value in dynamic programming
• Equilibria in altruistic economic growth models
• On discounted dynamic programming with unbounded returns
• Discounted dynamic programming with unbounded returns: application to economic models
• Applications of variable discounting dynamic programming to iterated function systems and related problems
• On variable discounting in dynamic programming: applications to resource extraction and other economic models
• An approximation approach to dynamic programming with unbounded returns

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