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Foundations of Average-Cost Nonhomogeneous Controlled Markov Chains

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Foundations of Average-Cost Nonhomogeneous Controlled Markov Chains - Cao, Xi-Ren
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This Springer brief addresses the challenges encountered in the study of the optimization of time-nonhomogeneous Markov chains. It develops new insights and new methodologies for systems in which concepts such as stationarity, ergodicity, periodicity and connectivity do not apply. This brief introduces the novel concept of confluencity and applies a relative optimization approach. It develops a comprehensive theory for optimization of the long-run average of time-nonhomogeneous Markov chains. The book shows that ...

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Foundations of Average-Cost Nonhomogeneous Controlled Markov Chains 2020, Springer, Cham

ISBN-13: 9783030566777

2021 edition

Trade paperback