Advances and Applications in Statistics
Volume 24, Issue 1, Pages 1 - 6
(September 2011)
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A PRIORI ACTION-DECISION MODELS: TECHNICAL RESULTS
George Stoica and Michael T. Bradley
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Abstract: We consider stochastic action-decision models with costs and provide general conditions under which the optimal solution can be found. Our results are quite practical, as we supply an estimate of the rate of convergence towards the solution. |
Keywords and phrases: action-decision model, optimal solution, rate of convergence. |
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