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Bibliographic Details
Main Authors: Sargent, Thomas J., Stachurski, John
Format: Preprint
Published: 2023
Subjects:
Online Access:https://arxiv.org/abs/2308.02148
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author Sargent, Thomas J.
Stachurski, John
author_facet Sargent, Thomas J.
Stachurski, John
contents We introduce a framework that represents a dynamic program as a family of operators acting on a partially ordered set. We provide an optimality theory based only on order-theoretic assumptions and show how applications across almost all subfields of dynamic programming fit into this framework. These range from traditional dynamic programs to those involving nonlinear recursive preferences, desire for robustness, function approximation, Monte Carlo sampling and distributional dynamic programs. We apply the framework to establish new optimality and algorithmic results for specific applications.
format Preprint
id arxiv_https___arxiv_org_abs_2308_02148
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Dynamic Programs on Partially Ordered Sets
Sargent, Thomas J.
Stachurski, John
Optimization and Control
We introduce a framework that represents a dynamic program as a family of operators acting on a partially ordered set. We provide an optimality theory based only on order-theoretic assumptions and show how applications across almost all subfields of dynamic programming fit into this framework. These range from traditional dynamic programs to those involving nonlinear recursive preferences, desire for robustness, function approximation, Monte Carlo sampling and distributional dynamic programs. We apply the framework to establish new optimality and algorithmic results for specific applications.
title Dynamic Programs on Partially Ordered Sets
topic Optimization and Control
url https://arxiv.org/abs/2308.02148