Control-limit policies for a class of stopping time problems with termination restrictions

DOI10.1007/s11590-014-0843-6zbMath1332.90334OpenAlexW2022037198MaRDI QIDQ499675

Yan Xia, Murat Kurt

Publication date: 6 October 2015

Published in: Optimization Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11590-014-0843-6

zbMATH Keywords

Markov decision processcontrol-limit policytermination restriction

Mathematics Subject Classification ID

Markov and semi-Markov decision processes (90C40)

Cites Work

• Unnamed Item
• Unnamed Item
• Numerical analysis of continuous time Markov decision processes over finite horizons
• Theory of optimal search
• Inventory models with unreliable suppliers in a random environment
• The Optimal Timing of Living-Donor Liver Transplantation
• An Efficient Algorithm for Computing Optimal (s, S) Policies
• The Optimal Time to Initiate HIV Therapy Under Ordered Health States
• A Time-dependent Stopping Problem with Application to Live Organ Transplants
• The Computation of Optimal Control Limits for a Queue with Batch Services
• Algorithms for singularly perturbed limiting average Markov control problems
• Optimal replacement under a general failure model
• Optimal Starting Times for End-of-Season Sales and Optimal Stopping Times for Promotional Fares
• Approximate Dynamic Programming
• On State Aggregation to Approximate Complex Value Functions in Large-Scale Markov Decision Processes
• Finite State Continuous Time Markov Decision Processes with a Finite Planning Horizon
• Replacement of periodically inspected equipment. (An optimal optional stopping rule)
• Optimal stopping, free boundary, and American option in a jump-diffusion model