Zsombor, Méder; János, Flesch; Ronald, Peeters - Graduate School of Business and Economics (GSBE), … - 2012
This paper lays down conceptual groundwork for optimal choice of a decision maker facing afinite-state Markov decision problem on an infinite horizon. We distinguish two notions of astrategy being favored on the limit of horizons, and examine the properties of the emerging binaryrelations. After...