Abstract

We are concerned with discrete-time stochastic control models for which the random disturbances are independent with a common unknown distribution. When the state space is compact, we prove that mild continuity conditions are sufficient to obtain adaptive policies which are asymptotically optimal with respect to the discounted reward criterion.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call