14 citations · 135 across the 33 of their papers we have counts for
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math.OC2014
A New Optimal Stepsize For Approximate Dynamic Programming
Ilya O. Ryzhov, Peter I. Frazier, Warren B. Powell
Approximate dynamic programming (ADP) has proven itself in a wide range of applications spanning large-scale transportation problems, health care, revenue management, and energy sy…
math.OC2014★ 1 cited
Optimal Hour-Ahead Bidding in the Real-Time Electricity Market with Battery Storage using Approximate Dynamic Programming
Daniel R. Jiang, Warren B. Powell
There is growing interest in the use of grid-level storage to smooth variations in supply that are likely to arise with increased use of wind and solar energy. Energy arbitrage, th…
math.OC2014★ 2 cited
An Approximate Dynamic Programming Algorithm for Monotone Value Functions
Daniel R. Jiang, Warren B. Powell
Many sequential decision problems can be formulated as Markov Decision Processes (MDPs) where the optimal value function (or cost-to-go function) can be shown to satisfy a monotone…