Speaker：Yongjia Zhang（Shanghai Jiao Tong University）

Time：2022-09-29, 14:00

Location：Tencent Meeting ID：491-932-089（No Password）

Abstract:

Consider a Markov pure jump process, whose transition rate can be controlled with the gradual control. In addition, its state can be instantaneously changed by the impulsive control. Refer to such a model as a continuous-time Markov decision process, for which we consider the optimal control problem with total cost criteria and constraints, and present its basic solvability result. This is based on the observation that the problem can be reduced to an equivalent one for models with gradual control only.