Cover: On the limiting behavior of discrete dynamic-programming processes--I (the gold-mining problem).

On the limiting behavior of discrete dynamic-programming processes--I (the gold-mining problem).

Published 1954

by Richard Ernest Bellman

Purchase Print Copy

 Format Price
Add to Cart Paperback9 pages $20.00

One of several studies in which the limiting behavior of certain classes of dynamic programming processes is examined, as various parameters defining the processes tend to zero. In particular, the gold-mining problem is considered

This report is part of the RAND research memorandum series. The Research Memorandum was a product of RAND from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.