Some Bounds on Infinite Horizon Discounted Sequential Decision Processes.

E. L. Porteus

Expert InsightsPublished 1970

Obtains new improved bounds on the optimal return function for many infinite horizon discounted sequential decision processes. The susceptible processes must satisfy what is called the "discounting" property. Processes satisfying the contraction and monotonicity properties qualify. Certain subprocesses are exploited, based on the simple notion of considering only relevant states. Some existing algorithms and some of their obvious extensions are listed. The possibility of identifying nonoptimal decisions is included. 22 pp. Ref.

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1970
  • Pages: 22
  • Document Number: P-4422

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Porteus, E. L., Some Bounds on Infinite Horizon Discounted Sequential Decision Processes. Santa Monica, CA: RAND Corporation, 1970. https://www.rand.org/pubs/papers/P4422.html.
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