Technical Note—A Counterexample for an Optimal Search-and-Stop Model

Y. C. Kan
Additional contact information
Y. C. Kan: Faculté Universitaire Catholique de Mons, Mons, Belgium

Operations Research, 1974, vol. 22, issue 4, 889-892

Abstract: The idea of policy regions is very useful in characterizing an optimal strategy for problems in dynamic programming. However, there are occasions when intuition suggests that an optimal strategy may be characterized by some structure of policy regions, and yet it is extremely difficult to prove or disprove this conjecture. This paper presents a counterexample showing an intuitive conjecture to be wrong.

Date: 1974
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://dx.doi.org/10.1287/opre.22.4.889 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:22:y:1974:i:4:p:889-892

Access Statistics for this article

More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().