Albion College
Mathematics and Computer Science
Dynamic Programming and Contraction Mappings
Daniel Christiansen

Professor of Economics and Management

Economics and Management

Albion College

This talk provides an introduction to discounted dynamic programming with an infinite time horizon. The role of the optimal return function is discussed, and the contraction mapping theorem is used to provide an existence theorem for an optimal policy or plan.
3:30 PM
All are welcome!
Palenske 227
November 3, 2011