Discrete-time approximationsfor continuous-time Markoviancontrol systems
Arie Hordijk, F.A. van der Duyn Schouten
Abstract
Arie Hordijk, F.A. van der Duyn Schouten
Abstract
The method of discrete-time approximation is widespread in control and decision theory. However, little attention has been paid to the conditions on parameters and control under which the discrete-time systems come close to the continuous-time system.
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The method of discrete-time approximation is widespread in control and decision theory. However, little attention has been paid to the conditions on parameters and control under which the discrete-time systems come close to the continuous-time system.
Key concepts: Discrete time and continuous time, Mathematics, Discrete-time stochastic process, Discrete modelling, Discrete system, Control (management), Applied mathematics, Control theory (sociology)