Title: | Dynamic Programming and Contraction Mappings |
Speaker: | Daniel Christiansen Professor of Economics and Management Economics and Management Albion College Albion, Michigan, USA |
Abstract: | 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. |
Location: | Palenske 227 |
Date: | 11/3/2011 |
Time: | 3:30 PM |
@abstract{MCS:Colloquium:DanielChristiansen:2011:11:3, author = "{Daniel Christiansen}", title = "{Dynamic Programming and Contraction Mappings}", address = "{Albion College Mathematics and Computer Science Colloquium}", month = "{3 November}", year = "{2011}" }