Back to Search Start Over

On Finite-Difference Approximations for Normalized Bellman Equations

Authors :
David Šiška
Istvan Gyongy
Source :
Gyongy, I & Siska, D 2009, ' On Finite-Difference Approximations for Normalized Bellman Equations ', Applied Mathematics and Optimization, vol. 60, no. 3, pp. 297-339 . https://doi.org/10.1007/s00245-009-9082-0
Publication Year :
2009

Abstract

A class of stochastic optimal control problems involving optimal stopping is considered. Methods of Krylov are adapted to investigate the numerical solutions of the corresponding normalized Bellman equations and to estimate the rate of convergence of finite difference approximations for the optimal reward functions.<br />Comment: 36 pages, ArXiv version updated to the version accepted in Appl. Math. Optim

Details

Language :
English
Database :
OpenAIRE
Journal :
Gyongy, I & Siska, D 2009, ' On Finite-Difference Approximations for Normalized Bellman Equations ', Applied Mathematics and Optimization, vol. 60, no. 3, pp. 297-339 . https://doi.org/10.1007/s00245-009-9082-0
Accession number :
edsair.doi.dedup.....9e2b0425424cd00b089f1dda58622e6e
Full Text :
https://doi.org/10.1007/s00245-009-9082-0