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• W2109693562 abstract "This paper treats a discrete-time Markov decision model with an infinite planning horizon and no discounting. A “bias-optimal” policy for this decision problem satisfies a criterion that is more selective than maximizing the gain rate. The problem of computing a bias-optimal policy, also treated by Veinott in 1966, is here parsed into a sequence of three simple Markov decision problems, each of which can be solved by linear programming or policy iteration." @default.
• W2109693562 created "2016-06-24" @default.
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• W2109693562 date "1970-04-01" @default.
• W2109693562 modified "2023-10-18" @default.
• W2109693562 title "Computing a Bias-Optimal Policy in a Discrete-Time Markov Decision Problem" @default.
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• W2109693562 doi "https://doi.org/10.1287/opre.18.2.279" @default.
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