Title :
Deterministic optimal stopping via a max-plus method
Author :
Dower, Peter M. ; Zhang, Huan
Author_Institution :
Dept. of Electr. & Electron. Eng., Univ. of Melbourne, Melbourne, VIC, Australia
Abstract :
Numerical solution of a class of deterministic optimal stopping problems is considered via a max-plus approach. This max-plus approach is developed via the formalization of an iterative representation for the associated value functions, based on dynamic programming arguments. An implementation issue specific to optimal stopping problems is identified and discussed.
Keywords :
deterministic algorithms; dynamic programming; iterative methods; nonlinear dynamical systems; optimal control; associated value functions; deterministic optimal stopping problems; dynamic programming arguments; iterative representation; max-plus method; nonlinear dynamical systems; optimal control problems; Approximation methods; Dynamic programming; Inspection; Linearity; Optimal control; Vectors;
Conference_Titel :
Australian Control Conference (AUCC), 2011
Conference_Location :
Melbourne, VIC
Print_ISBN :
978-1-4244-9245-9
