Acta Applicandae Mathematica

, Volume 1, Issue 3, pp 281–299

Long-term average cost control problems for continuous time Markov processes: A survey

  • Maurice Robin

DOI: 10.1007/BF00046603

Cite this article as:
Robin, M. Acta Appl Math (1983) 1: 281. doi:10.1007/BF00046603


This paper addresses the long-term average cost control of continuous time Markov processes. A survey of problems and methods contained in various works is given for continuous control, optimal stopping, and impulse control.

AMS (Mos) subject classifications (1980)


Key words

Long-term average costcontinuous timeundiscounted stochastic control Markov processesdynamic programmingoptimal stopping

Copyright information

© D. Reidel Publishing Company 1983

Authors and Affiliations

  • Maurice Robin
    • 1
  1. 1.INRIALe Chesnay CedexFrance