Semi-Markov control models with partially known holding times distribution: Discounted and average criteria

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Abstract

The paper deals with a class of semi-Markov control models with Borel state and control spaces and possibly unbounded costs, where the holding times distribution F depends on an unknown and possibly non-observable parameter which may change from stage to stage. The system is modeled as a game against nature, which is a particular case of a minimax control system. The objective is to show the existence of minimax strategies under the discounted and average cost criteria. © 2011 Springer Science+Business Media B.V.
Original languageAmerican English
Pages (from-to)135-156
Number of pages22
JournalActa Applicandae Mathematicae
DOIs
StatePublished - 1 Jun 2011

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