This paper is devoted to a study of infinite horizon optimal control problems with time discounting and time averaging criteria in discrete time. We establish that these problems are related to certain infinite-dimensional linear programming (IDLP) problems. We also establish asymptotic relationships between the optimal values of problems with time discounting and long-run average criteria.
|Original language||English (US)|
|Number of pages||18|
|Journal||Discrete and Continuous Dynamical Systems - Series B|
|State||Published - Dec 2017|
All Science Journal Classification (ASJC) codes
- Discrete Mathematics and Combinatorics
- Applied Mathematics