We introduce a novel approach to solving dynamic programming problems, such as those in many economic models, on a quantum annealer, a specialized device that performs combinatorial optimization.

The main aim of the present work is to establish connections between the theory of dynamic programming and the statistical decision theory. The paper deals with a nonMarkovian dynamic programming ...

This course covers reinforcement learning aka dynamic programming, which is a modeling principle capturing dynamic environments and stochastic nature of events. The main goal is to learn dynamic ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Especially when it comes to manufacturing, problem-solving is an art. Every day, companies ...

In this paper, we study a class of optimal dividend and investment problems assuming that the underlying reserve process follows the Sparre Andersen model, that is, the claim frequency is a "renewal" ...