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Bounded variation of {V n } and its limit |
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| Authors: | Ehud Lehrer |
| Affiliation: | 1. Raymond and Beverly Sackler Faculty of Exact Sciences, School of Mathematics, Tel Aviv University, 69978, Tel Aviv, Israel |
| Abstract: | This note studies relations between limV n and the lower long-run average value ( (underline V ) ) in dynamic programming. It is shown that a certain bounded variation conditions of {V n } implies that limV n = (underline V ) . |
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