Bounded variation of {Vn} and its limit

Research output: Contribution to journalArticlepeer-review

Abstract

This note studies relations between lim Vn and the lower long-run average value ( {Mathematical expression}) in dynamic programming. It is shown that a certain bounded variation conditions of {Vn} implies that lim Vn= {Mathematical expression}.

Original languageEnglish
Pages (from-to)31-42
Number of pages12
JournalInternational Journal of Game Theory
Volume22
Issue number1
DOIs
StatePublished - Mar 1993

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