Long run control of nonhomogeneous Markov processes

Fuente: arXiv
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Main Author: Stettner, Łukasz
Format: Preprint
Published: 2025
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_version_ 1866915350167158784
author Stettner, Łukasz
author_facet Stettner, Łukasz
contents In the paper average reward per unit time and average risk sensitive reward functionals are considered for controlled nonhomogeneous Markov processes. Existence of solutions to suitable Bellman equations is shown. Continuity of the value functions with respect to risk parameter is also proved. Finally stability of functionals with respect to pointwise convergence of Markov controls is studied.
format Preprint
id arxiv_https___arxiv_org_abs_2506_15542
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Long run control of nonhomogeneous Markov processes
Stettner, Łukasz
Optimization and Control
Probability
93E20, 99J55, 90C40
In the paper average reward per unit time and average risk sensitive reward functionals are considered for controlled nonhomogeneous Markov processes. Existence of solutions to suitable Bellman equations is shown. Continuity of the value functions with respect to risk parameter is also proved. Finally stability of functionals with respect to pointwise convergence of Markov controls is studied.
title Long run control of nonhomogeneous Markov processes
topic Optimization and Control
Probability
93E20, 99J55, 90C40
url https://arxiv.org/abs/2506.15542