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- W4205221489 abstract "The aim of this paper is to evaluate the performance of the optimal policy (the Gittins index policy) for open tax problems of the type considered by Klimov in the undiscounted limit. In this limit, the state-dependent part of the cost is linear in the state occupation numbers for the multi-armed bandit, but is quadratic for the tax problem. The discussion of the passage to the limit for the tax problem is believed to be largely new; the principal novelty is our evaluation of the matrix of the quadratic form. These results are confirmed by a dynamic programming analysis, which also suggests how the optimal policy should be modified when resources can be freely deployed only within workstations, rather than system-wide." @default.
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- W4205221489 date "2005-09-01" @default.
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- W4205221489 title "Tax problems in the undiscounted case" @default.
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- W4205221489 doi "https://doi.org/10.1017/s0021900200000759" @default.
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