On the equivalence of two expected average cost criteria for Semi-Markov control processes

On the equivalence of two expected average cost criteria for Semi-Markov control processes

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Article ID: iaor20072033
Country: United States
Volume: 29
Issue: 2
Start Page Number: 326
End Page Number: 338
Publication Date: May 2004
Journal: Mathematics of Operations Research
Authors:
Keywords: control processes
Abstract:

The two expected average costs used in the theory of semi-Markov control processes with a Borel state space are considered. Under some stochastic stability conditions, we prove that the two criteria are equivalent in the sense that they lead to the same optimality equation.

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