| Article ID: | iaor19993087 |
| Country: | United Kingdom |
| Volume: | 5 |
| Issue: | 1 |
| Start Page Number: | 27 |
| End Page Number: | 34 |
| Publication Date: | Jan 1998 |
| Journal: | International Transactions in Operational Research |
| Authors: | Yasuda Masami, Kurano Masami, Kadota Y. |
We will discuss an expected utility of rewards which are generated by Markov decision processes. This is applied to the optimal stopping problem with a utility treatment. Also a combined model of the decision processes and the stopping problem, called a stopped Markov decision, is considered under the utility.