Averaging vs. Discounting in Dynamic Programming: a Counterexample

• 1 March 1974
• journal article
• Published by Institute of Mathematical Statistics in The Annals of Statistics
• Vol. 2  (2) , 411-413
• https://doi.org/10.1214/aos/1176342678

Abstract

Keywords

• DISCOUNTING
• MARKOV DECISION PROCESS
• DYNAMIC PROGRAMMING