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- W4255849103 abstract "This work concerns controlled Markov chains with denumerable state space, (possibly) unbounded cost function, and an expected average cost criterion. Under a Lyapunov function condition , together with mild continuity-compactness assumptions, a simple necessary and sufficient criterion is given so that the relative value functions and differential costs produced by the value iteration scheme converge pointwise to the solution of the optimality equation; this criterion is applied to obtain convergence results when the cost function is bounded below or bounded above." @default.
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- W4255849103 date "1996-12-01" @default.
- W4255849103 modified "2023-10-16" @default.
- W4255849103 title "Value iteration in a class of average controlled Markov chains with unbounded costs: necessary and sufficient conditions for pointwise convergence" @default.
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- W4255849103 doi "https://doi.org/10.2307/3214980" @default.
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