It is proved that there exist stationary optimal plans for discounted dynamic programming problems, and that there exist semi-Markov ∈-optimal plans for positive dynamic programming problems. The ...

This problem can be modeled as a "Dynamic Programming" problem, a method for efficiently solving a broad range of search and optimization problems. Here's the line of code you'd use to answer it: ...

This paper proposes a new deep-learning-based algorithm for high-dimensional Bermudan option pricing. To the best of our knowledge, this is the first study of the arbitrary-order discretization scheme ...