A Markovian decision model with general state space, compact action space, and the average cost as criterion is considered. The existence of an optimal policy is shown via an optimality inequality in ...

We present a novel linear program for the approximation of the dynamic programming cost-to-go function in high-dimensional stochastic control problems. LP approaches to approximate DP have typically ...

Dynamic programming provides a road map at each point in time for optimal spending and asset allocation, which have been determined by first considering optimal future behavior stemming from today ...

Big news for developers out there: Google has just announced the release of a new, open sourced programming language called Go. The company says that Go is experimental, and that it combines the ...