Moving forward: A simulation-based approach for solving dynamic resource management problems
Standard dynamic resource optimization approaches, such as value function iteration, are challenged by problems involving complex uncertainty and a large state space. We extend a solution technique to address these limitations called approximate dynamic programming (ADP). ADP recently emerged in the...
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| Format: | Article |
| Language: | English |
| Published: |
University of Chicago Press
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |