Dynamic programming algorithms are developed for optimal capital allocation subject to budget constraints. We extend the work of Weingartner [17] and Weingartner and Ness [19] by including multilevel ...

Mathematics of Operations Research, Vol. 4, No. 1 (Feb., 1979), pp. 60-69 (10 pages) The policy iteration method of dynamic programming is studied in an abstract setting. It is shown to be equivalent ...

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 ...