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Discrete-Time Controlled Markov Processes With Average Cost Criterion: A Survey (2006)

Abstract
This work is a survey of the average cost control problem for discrete time Markov processes. We have attempted to put together a comprehensive account of the considerable research on this problem over the past three decades. Our exposition ranges from finite to Borel state and action spaces and includes a variety of methodologies to find and characterize optimal policies. We have included a brief historical perspective of the research efforts in this area and have compiled a substantial yet not exhaustive bibliography. We have also identified several important questions which are still left open to investigation.. Sponsored in part by AFOSR grant F49620-92-J-0083 and National Science Foundation grant NSF-CDR-88-03012.

Publication details
Download http://handle.dtic.mil/100.2/ADA454852
Contributors MARYLAND UNIV COLLEGE PARK SYSTEMS RESEARCH CENTER
Repository Defense Technical Information Center OAI-PMH Repository (United States)
Keywords STATISTICS AND PROBABILITY, ECONOMICS AND COST ANALYSIS, *COST ANALYSIS, *MARKOV PROCESSES, OPTIMIZATION, DISCRETE DISTRIBUTION, CONTROL THEORY, BOREL STATES, FINITE STATE SPACE, COUNTABLE STATE SPACE
Language eng