Abstract
As mentioned before, the assumption of an additive time-separable utility function for all time periods n = 0, . . ., N, is the one most frequently used in combination with Markov decision processes. Yet, as indicated in Chap. 3, it imposes a special structure of temporal and risk preferences.
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© 2007 Springer-Verlag Berlin Heidelberg
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(2007). Capacity Control Maximizing Additive Time-Separable Utility. In: Risk-Averse Capacity Control in Revenue Management. Lecture Notes in Economics and Mathematical Systems, vol 597. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-73014-9_6
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DOI: https://doi.org/10.1007/978-3-540-73014-9_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-73013-2
Online ISBN: 978-3-540-73014-9
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