Discrete-Time Hybrid Control Processes with Unbounded Costs

• Published in: Applied mathematics & optimization Vol. 90; no. 3; p. 51
• Main Authors: Jasso-Fuentes, Héctor, Salgado-Suárez, Gladys D.
• Format: Journal Article
• Language: English
• Published: New York Springer US 01.12.2024; Springer Nature B.V
• Subjects: Applied mathematics; Calculus of Variations and Optimal Control; Optimization; Control; Costs; Dynamic programming; Hybrid control; Inventory control; Mathematical and Computational Physics; Mathematical Methods in Physics; Mathematics; Mathematics and Statistics; Numerical and Computational Physics; Optimal control; Optimization; Simulation; Stochastic models; Systems Theory; Theoretical; 93E20; 34A38; 60J05; Dynamic programming; Markov decision processes; Hybrid control

This paper extends the results provided in Jasso-Fuentes et al. (Appl Math Optim 81(2):409–441, 2020b) and Jasso-Fuentes et al. (Pure Appl Funct Anal 9(3):675–704, 2024) regarding the study of discrete-time hybrid stochastic models with general spaces and total discounted payoffs. This extension inc...