This article is cited in 36 papers

On a reduction of the jump Markov control model to a discrete time model

A. A. Yuškevič

Moscow

Abstract: Using a reduction to discrete time we prove two properties of jump Markov control models with Borel state and action spaces: 1) the value of the model is analytic; 2) almost everywhere $\varepsilon$-optimal strategies (maybe non-Markovian) do exist.

Received: 16.11.1976
Revised: 09.01.1978

 English version: Theory of Probability and its Applications, 1980, 25:1, 58–69

Bibliographic databases:

• 
• 
•