52 citations · 119 across the 24 of their papers we have counts for
5 papers · 1 filter
Dynamic Programming: From Local Optimality to Global Optimality
John Stachurski, Jingni Yang, Ziyue Yang
In the theory of dynamic programming, an optimal policy is a policy whose lifetime value dominates that of all other policies from every possible initial condition in the state spa…
A Unified Stability Theory for Classical and Monotone Markov Chains
Takashi Kamihigashi, John Stachurski
This paper integrates two strands of the literature on stability of general state Markov chains: conventional, total variation based results and more recent order-theoretic results…
Partial Stochastic Dominance via Optimal Transport
Takashi Kamihigashi, John Stachurski
In recent years, a range of measures of partial stochastic dominance have been introduced. These measures attempt to determine the extent to which one distribution is dominated by…
Quantitative Convergence Rates for Stochastically Monotone Markov Chains
Takashi Kamihigashi, John Stachurski
For Markov chains and Markov processes exhibiting a form of stochastic monotonicity (larger states shift up transition probabilities in terms of stochastic dominance), stability an…
Dynamic Programming: Finite States
Thomas J. Sargent, John Stachurski
This book is about dynamic programming and its applications in economics, finance, and adjacent fields. It brings together recent innovations in the theory of dynamic programming a…