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On infinite horizon optimal stopping of general random walk

✍ Scribed by Jukka Lempa


Publisher
Springer
Year
2007
Tongue
English
Weight
248 KB
Volume
67
Category
Article
ISSN
0340-9422

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πŸ“œ SIMILAR VOLUMES


On the rate of convergence of infinite h
✍ Lars GrΓΌne; Fabian Wirth πŸ“‚ Article πŸ“… 2000 πŸ› Elsevier Science 🌐 English βš– 133 KB

In this paper we investigate the rate of convergence of the optimal value function of an inΓΏnite horizon discounted optimal control problem as the discount rate tends to zero. Using the Integration Theorem for Laplace transformations we provide conditions on averaged functionals along suitable traje