Accession Number:

AD0422825

Title:

STUDIES IN FUNCTIONAL EQUATIONS OCCURRING IN DECISION PROCESSES

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Report Date:

1963-03-18

Pagination or Media Count:

66.0

Abstract:

Certain problems are considered which arise from a stody of the Bales decision making model. The Markov process associated with this model is considered and existence and continuity, as well as a functional equation, are obtained for the limit distribution. Generalizations of this functionalequation are discussed and a detailed treatment is given for the one-dimensional case.

Subject Categories:

  • Numerical Mathematics

Distribution Statement:

APPROVED FOR PUBLIC RELEASE