Encyclopedia of Operations Research and Management Science

2013 Edition
| Editors: Saul I. Gass, Michael C. Fu

Principle of Optimality

Reference work entry
DOI: https://doi.org/10.1007/978-1-4419-1153-7_200636

Condition that Richard Bellman derived for dynamic programming: “An optimal policy has the property that whatever the initial state and initial decision are, the remaining decisions must constitute an optimal policy with regard to the state resulting from the first decision.” (Bellman 1957, Chap. III.3)

See

References

  1. Bellman, R. E. (1957). Dynamic programming. Princeton, NJ: Princeton University Press.Google Scholar

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