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• W187740018 abstract "This paper is concerned with finite state multichain MDPs with compact action set. The optimality criterion is the long-run average cost. Simple examples illustrate that optimal stationaryu Markov policies do not always exist. We establish the existence of e-optimal policies which are stationary Markovian, and develop an algorithm which computes these approximate optimal policies. We establish a necessary and sufficient condition for the existence of an optimal policy which is stationary Markovian, and in case that such an optimal policy exists the algorithm computes it." @default.
• W187740018 created "2016-06-24" @default.
• W187740018 creator A5089822297 @default.
• W187740018 date "2002-01-01" @default.
• W187740018 modified "2023-09-24" @default.
• W187740018 title "On Optimal Policies of Multichain Finite State Compact Action Markov Decision Processes" @default.
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• W187740018 doi "https://doi.org/10.1007/978-1-4757-3561-1_5" @default.
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