5. Dynamic models
Let's now consider a situation in which the decision-maker has to choose an action a whose consequences are uncertain and spread over time. To model this situation, we introduce Ω the space of states of the world and the space of possible dates. Typically, can be finite with
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Dynamic models
Bibliography
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(1) - AINSLIE (G.) - Impulse control in pigeons. - Journal of the Experimental Analysis of Behavior, 21, 485-489 (1974).
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(2) - BERNOULLI (D.) - Specimen theoriae novae de mensura sortis. - Papers Imp. Acad. Sci. St. Petersburg 5, 175-192. Traduction : Bernoulli,...
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