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On the solvability of Bellman's functional equations for Markov renewal programming |
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| Authors: | Paul J Schweitzer |
| Institution: | Graduate School of Management, The University of Rochester, Rochester, New York 14627 USA |
| Abstract: | The functional equations of undiscounted, stationary, infinite horizon Markov renewal programming are shown to possess a solution, by an elementary application of the Leray-Schauder fixed point theorem. |
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