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Algorithms for evaluating the dynamic allocation index

Operations Research Letters, 1982
Gittins has shown that for a class of Markov decision processes called alternative bandit processes, optimal policies can easily be determined once the dynamic allocation indices (DAIs) for the constituent bandit processes are computed. Improved algorithms are presented for calculating DAIs both for general bandit processes and for the well-known ...
D. Robinson
exaly   +3 more sources

Whittle Index Policy for Dynamic Multichannel Allocation in Remote State Estimation

IEEE Transactions on Automatic Control, 2020
In this paper, we consider dynamic channel allocation for remote state estimation of multiagent systems. For each subsystem, a sensor measures its state and transmits the data via a packet-dropping channel, which is dynamically allocated by the remote ...
Jiazheng Wang   +2 more
exaly   +4 more sources

Optimal allocation method of dynamic VAR compensation based on a novel transient voltage stability index

2016 IEEE PES Asia-Pacific Power and Energy Engineering Conference (APPEEC), 2016
As we know, dynamic VAR compensator can quickly and effectively increase the system dynamic reactive power reserve, thereby improving the transient voltage stability of the system. In this paper, in view of the fact that the dynamic load characteristic based on induction motor load has growing influence on the system transient voltage stability ...
Pu Zhang, Yanbo Chen
exaly   +3 more sources

A dynamic allocation index for the discounted multiarmed bandit problem

Biometrika, 1979
SUMMARY Earlier work by the present authors has established the existence of and a characterization of a priority index giving the Bayes rule for the discounted multiarmed bandit problem. The calculation of this index is described and illustrated, and the results obtained briefly discussed.
J. Gittins, D. M. Jones
semanticscholar   +2 more sources

Dynamic Task Allocation Algorithm for Moving Targets Interception

IEEE Transactions on Systems, Man, and Cybernetics: Systems, 2023
This article addresses the dynamic task allocation problem with limited communication and velocity. The main challenge lie in the selection of $k$ fittest winner participants and the participant contention that one winner participant may be selected by ...
Dan Zhao, Xinghuo Yu, Guanghui Wen
exaly   +2 more sources

Dynamic Indexing and Allocation: Do they Dominate Simple Static Indexing?

SSRN Electronic Journal, 2020
Andrew Lo in his book, Adaptive Markets, advocates an investment product that he names a “dynamic index.” He has facilitated the operation of a variant of this dynamic indexation, “dynamic allocation,” by founding a company, AlphaSimplex. Another dynamic
Joseph E. McCarthy, E. Tower
semanticscholar   +2 more sources

Role of index bonds in an optimal dynamic asset allocation model with real subsistence consumption

Applied Mathematics and Computation, 2006
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Tao Li
exaly   +3 more sources

Stochastic scheduling: A short history of index policies and new approaches to index generation for dynamic resource allocation

Journal of Scheduling, 2014
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
K. Glazebrook   +3 more
semanticscholar   +2 more sources

Harmonious allocation of carbon emission permits based on dynamic multiattribute decision-making method

Journal of Cleaner Production, 2020
Fair and reasonable allocation of carbon emission permits between regions is the premise of effective operation of carbon emission trading scheme. Thus, based on the harmonious management theory, we propose a two-stage allocation model of “preliminary ...
Fang Li, Fengping Wu, Liu-xin Chen
exaly   +2 more sources

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