Low discounting and the upper long-run average value in dynamic programming

DOI10.1006/GAME.1994.1014MaRDI QIDQ1319964zbMATH OpenOpenAlexFDO

Authors Ehud Lehrer, Monderer Dov

Publication date 21 April 1994

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1006/game.1994.1014

zbMATH Keywords

necessary and sufficient conditionscompact continuous dynamic programmingexistence of the weak limitMarkov uper long-run average value function

Mathematics Subject Classification ID

Dynamic programming (90C39)

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Cited in

(7)

• Uniform value in dynamic programming
• Bounded variation of \(\{V_ n\}\) and its limit
• Discounted dynamic programming with unbounded returns: application to economic models
• Discounting long run average growth in stochastic dynamic programs
• A Uniform Tauberian Theorem in Dynamic Programming
• scientific article; zbMATH DE number 4170669 (Why is no real title available?)
• Stochastic optimal policies when the discount rate vanishes

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