TITLE:
Discrete-Time Hybrid Decision Processes: The Discounted Case
AUTHORS:
Buheeerdun Yang, Pingjun Hou, Masayuki Kageyama
KEYWORDS:
Hybrid Decision Process; Discounted Reward Criteria; Optimal Equation; Chance Space; Fixed Point Theorem
JOURNAL NAME:
Applied Mathematics,
Vol.4 No.11,
November
5,
2013
ABSTRACT:
This paper is a sequel to Kageyama et al. [1], in which
a Markov-type hybrid process has been constructed and the corresponding
discounted total reward has been characterized by the recursive equation. The
objective of this paper is to formulate a hybrid decision process and to give
the existence and characterization of optimal policies.