Article ID: | iaor19921415 |
Country: | Germany |
Volume: | 35 |
Start Page Number: | 473 |
End Page Number: | 490 |
Publication Date: | Jan 1991 |
Journal: | Mathematical Methods of Operations Research (Heidelberg) |
Authors: | Rieder U. |
A general partially observed control model with discrete time parameter is investigated. The present main interest concerns monotonicity results and bounds for the value functions and for optimal policies. In particular, the paper shows how the value functions depend on the observation kernels and it presents conditions for a lower bound of an optimal policy. The approach is based on two multivariate stochastic orderings: the