Borkar, VS (1990) Controlled Markov chains with constraints. In: Sadhana, 15 (4-5). pp. 405-413.
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Abstract
We consider the ergodic control of a Markov chain on a countable state space with a compact action space in presence of finitely many (say, m) ergodic constraints. Under a condition on the cost functions that penalizes instability, the existence of an optimal stable stationary strategy randomized at a maximum of m states is established using convex analytic arguments.
Item Type: | Journal Article |
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Publication: | Sadhana |
Publisher: | Indian Academy of Sciences |
Additional Information: | Copyright of this article belongs to Indian Academy of Sciences. |
Keywords: | Controlled Markov chains; ergodic control; control under constraints; optimal strategy; stationary strategy. |
Department/Centre: | Division of Electrical Sciences > Electrical Engineering |
Date Deposited: | 04 Mar 2008 |
Last Modified: | 28 Feb 2019 05:04 |
URI: | http://eprints.iisc.ac.in/id/eprint/13299 |
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