A Fast-Pivoting Algorithm for Whittle’s Restless Bandit Index
The Whittle index for restless bandits (two-action semi-Markov decision processes) provides an intuitively appealing optimal policy for controlling a single generic project that can be active (engaged) or passive (rested) at each decision epoch, and which can change state while passive. It further p...
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-12-01
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| Series: | Mathematics |
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| Online Access: | https://www.mdpi.com/2227-7390/8/12/2226 |