You are not currently logged in.
Access JSTOR through your library or other institution:
If You Use a Screen ReaderThis content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
On Optimal Policies and Martingales in Dynamic Programming
Journal of Applied Probability
Vol. 13, No. 3 (Sep., 1976), pp. 507-518
Published by: Applied Probability Trust
Stable URL: http://www.jstor.org/stable/3212470
Page Count: 12
You can always find the topics here!Topics: Dynamic programming, Martingales, Optimal policy, Stopping distances, Mathematical functions, Sufficient conditions, Mathematical theorems, Real numbers, Statism, Optimal strategies
Were these topics helpful?See somethings inaccurate? Let us know!
Select the topics that are inaccurate.
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preview not available
A martingale approach to a dynamic program with general state and action spaces is taken. Several necessary and sufficient conditions are given for a policy to be optimal. The results comprehend and modify different criteria of optimality given for dynamic programming problems. Finally, two applications are stated.
Journal of Applied Probability © 1976 Applied Probability Trust