The mean squared loss control problem for a partially observed Markov chain

Date

2019

Authors

Lai, Y.
Elliott, R.J.

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Journal article

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International Journal of Control, 2019; 92(3):585-592

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Abstract

In this article, we study the optimal control of a partially observed Markov chain for which a mean squared cost functional is minimised. Both the terminal cost and the running cost are considered. Minimum principles are established. In both cases, if the optimal control is Markov feedback, more explicit forms for the stochastic integrands and adjoint processes are obtained.

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Copyright 2017 Informa UK Limited, trading as Taylor and Francis Group Access Condition Notes: Post print available after 1 April 2019

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