In this chapter we address some computational issues and propose various discrete approximations for the optimal classical control considered in Chapter 3. Although it is feasible that these approximations may be applicable to the optimal stopping problems outlined in Chapter 4, we, however, do not attempt to deal with them for the sake of space.
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(2008). Discrete Approximations. In: Chang, MH. (eds) Stochastic Control of Hereditary Systems and Applications. Stochastic Modelling and Applied Probability, vol 59. Springer, New York, NY. https://doi.org/10.1007/978-0-387-75816-9_6
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DOI: https://doi.org/10.1007/978-0-387-75816-9_6
Publisher Name: Springer, New York, NY
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