Results 221 to 230 of about 265,192 (265)

Optimal Persistence Policies

Operations Research, 1960
This paper deals with the problem of whether or not a search activity should be started and, if started, whether or not it should be continued. This problem suggests a model that is described. The model gives rise to a general functional equation for which existence and uniqueness conditions are given.
MacQueen, J., Miller, R. G. jun.
openaire   +2 more sources

Optimal Issuing Policies

Management Science, 1973
Consider a stockpile consisting of n items where the ith item has a rating ri, i = 1, …, n. An item with rating r, if kept in stockpile until time t and then released to the field, will have a field life of rd(t). Thus it is assumed that for any t, the field life for issuance at time t is proportional to the time 0 field life.
Mark Brown, Sheldon M. Ross
openaire   +1 more source

Optimal Monetary Policy [PDF]

open access: possibleSSRN Electronic Journal, 2000
Summary: Optimal monetary policy maximizes the welfare of a representative agent, given frictions in the economic environment. Constructing a model with two sets of frictions --- costly price adjustment by imperfectly competitive firms and costly exchange of wealth for goods --- we find optimal monetary policy is governed by two familiar principles ...
Aubhik Khan   +2 more
openaire   +5 more sources

Off-Policy Proximal Policy Optimization

Proceedings of the AAAI Conference on Artificial Intelligence, 2023
Proximal Policy Optimization (PPO) is an important reinforcement learning method, which has achieved great success in sequential decision-making problems. However, PPO faces the issue of sample inefficiency, which is due to the PPO cannot make use of off-policy data.
Wenjia Meng   +3 more
openaire   +1 more source

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