Pareto Optimal Solutions for Stochastic Dynamic Programming Problems via Monte Carlo Simulation

A heuristic algorithm is proposed for a class of stochastic discrete-time continuous-variable dynamic programming problems submitted to non-Gaussian disturbances. Instead of using the expected values of the objective function, the randomness nature of the decision variables is kept along the process...

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Bibliographic Details
Main Authors: R. T. N. Cardoso, R. H. C. Takahashi, F. R. B. Cruz
Format: Article
Language:English
Published: Wiley 2013-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2013/801734
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