Controlled random degenerate diffusions under long-run average cost

DOI10.1080/17442509708834119zbMATH Open0882.93078OpenAlexW1978209377MaRDI QIDQ4354635FDOQ4354635

Gopal K. Basak, Mrinal K. Ghosh, Arnab Bisi

Publication date: 17 September 1997

Published in: Stochastics and Stochastic Reports (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/17442509708834119

zbMATH Keywords

Markov chainHJB equationoptimal controlviscosity solutionrandom diffusions

Mathematics Subject Classification ID

Applications of Brownian motions and diffusion theory (population genetics, absorption problems, etc.) (60J70) Optimal stochastic control (93E20)

Cited In (1)

• Hierarchical production control in a stochastic \(N\)-machine flowshop with long-run average cost.

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