An envelope theorem and some applications to discounted Markov decision processes

DOI10.1007/s00186-007-0155-zzbMath1149.90171WikidataQ126267740 ScholiaQ126267740MaRDI QIDQ2483011

Hugo Cruz-Suárez, Raúl Montes-De-oca

Publication date: 5 May 2008

Published in: Mathematical Methods of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00186-007-0155-z

zbMATH Keywords

economic growth model; differentiablity of the optimal policy; differentiablity of the optimal value function

Mathematics Subject Classification ID

93E20: Optimal stochastic control

90C40: Markov and semi-Markov decision processes

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