Iterative Solution of the Functional Equations of Undiscounted Markov Renewal Programming
ثبت نشده
چکیده
منابع مشابه
The Functional Equations of Undiscounted Markov Renewal Programming
This paper investigates the solutions to the functional equations that arise inter alia in Undiscounted Markov Renewal Programming. We show that the solution set is a connected, though possibily nonconvex set whose members are unique up to n* constants, characterize n* and show that some of these n* degrees of freedom are locally rather than globally independent. Our results generalize those ob...
متن کاملNew iterative methods with seventh-order convergence for solving nonlinear equations
In this paper, seventh-order iterative methods for the solution ofnonlinear equations are presented. The new iterative methods are developed byusing weight function method and using an approximation for the last derivative,which reduces the required number of functional evaluations per step. Severalexamples are given to illustrate the eciency and the performance of the newiterative methods.
متن کاملRisk-Averse Control of Undiscounted Transient Markov Models
We use Markov risk measures to formulate a risk-averse version of the undiscounted total cost problem for a transient controlled Markov process. We derive risk-averse dynamic programming equations and we show that a randomized policy may be strictly better than deterministic policies, when risk measures are employed. We illustrate the results on an optimal stopping problem and an organ transpla...
متن کاملHigh order quadrature based iterative method for approximating the solution of nonlinear equations
In this paper, weight function and composition technique is utilized to speeds up the convergence order and increase the efficiency of an existing quadrature based iterative method. This results in the proposition of its improved form from a two-point quadrature based method of convergence order ρ = 3 with efficiency index EI = 1:3161 to a three-point method of convergence order ρ = 8 with EI =...
متن کاملAn iterative method for tri-level quadratic fractional programming problems using fuzzy goal programming approach
Tri-level optimization problems are optimization problems with three nested hierarchical structures, where in most cases conflicting objectives are set at each level of hierarchy. Such problems are common in management, engineering designs and in decision making situations in general, and are known to be strongly NP-hard. Existing solution methods lack universality in solving these types of pro...
متن کامل