Modeling and control of data transmission (Q6172241)
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scientific article; zbMATH DE number 7727790
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English | Modeling and control of data transmission |
scientific article; zbMATH DE number 7727790 |
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Modeling and control of data transmission (English)
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16 August 2023
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The authors consider a class of stochastic recursive systems which they treat as stochastic Markov decision models. A certain optimization problem is associated to the systems, and optimal strategies are studied. Problems for optimal control are considered via the limiting path of the system. The existence of such a limiting path is provided by a law of large numbers type theorem. This limiting path is shown to be the integral path of a differential equation closely related to the dynamics of the recursive system. Examples of simulation for convergence are provided. Applications to a simple model of data transmission and a simple model of high frequency trading with optimal strategies are discussed.
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data transmission
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high frequency trade
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stochastic recursive system
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controlled Markov process
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law of large numbers
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