Discrete-time control with non-constant discount factor
Héctor Jasso-Fuentes, José‐Luis Menaldi, Tomás Prieto-Rumeau
Topics & Concepts
Bellman equationDynamic programmingDiscountingMarkov decision processConstant (computer programming)Mathematical optimizationOptimal controlAction (physics)Discrete time and continuous timeMathematicsSet (abstract data type)Function (biology)Factor (programming language)Hamilton–Jacobi–Bellman equationStochastic controlComputer scienceMarkov processEconomicsStatisticsFinanceBiologyProgramming languageQuantum mechanicsPhysicsEvolutionary biologyAdvanced Control Systems OptimizationStochastic processes and financial applicationsEnergy, Environment, and Transportation Policies