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On average cost stopping time problems
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  • Published: December 1991

On average cost stopping time problems

  • Hiroaki Morimoto1 

Probability Theory and Related Fields volume 90, pages 469–490 (1991)Cite this article

Summary

We consider the stopping time problems whose costs are given by time average forms, a generalization of the Gittins index. We show the existence of the optimal solutions and give their approximation to these stopping time problems.

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Author information

Authors and Affiliations

  1. Department of Mathematics, Faculty of General Education, Ehime University, 790, Matsuyama, Japan

    Hiroaki Morimoto

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  1. Hiroaki Morimoto
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Cite this article

Morimoto, H. On average cost stopping time problems. Probab. Th. Rel. Fields 90, 469–490 (1991). https://doi.org/10.1007/BF01192139

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  • Received: 22 December 1988

  • Revised: 08 December 1989

  • Issue Date: December 1991

  • DOI: https://doi.org/10.1007/BF01192139

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Keywords

  • Stochastic Process
  • Probability Theory
  • Average Form
  • Mathematical Biology
  • Average Cost
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