### Abstract

In this report the same situation will be considered as in Hordijk, Dynamic programrrdng and Markov potential theory [3], viz. a countable state space Markov decision process which can be stopped. Costs have the so-called charge structure and the optimality criterion is the total expected gain. It will be shown, that an optimal strategy, consisting of a memoryless decision rule and a possibly nonmemoryless stopping rule, can be replaced by a strategy consisting of the same decision rule and a stopping rule which is an entry time.

Original language | English |
---|---|

Place of Publication | Eindhoven |

Publisher | Technische Hogeschool Eindhoven |

Number of pages | 12 |

Publication status | Published - 1975 |

### Publication series

Name | Memorandum COSOR |
---|---|

Volume | 7501 |

ISSN (Print) | 0926-4493 |

## Fingerprint Dive into the research topics of 'On stopping a Markov decision process'. Together they form a unique fingerprint.

## Cite this

Groenewegen, L. P. J. (1975).

*On stopping a Markov decision process*. (Memorandum COSOR; Vol. 7501). Technische Hogeschool Eindhoven.