Abstract
In this paper, we study the existence, uniqueness, and iterative approximations of solutions for the functional equations arising in dynamic programming under Banach spaces and complete metric spaces. Our results unify the results of Bellman [1], Bhakta and Mitra [3], Bhakta and Choudhury [4], Liu [8], Liu and Ume [10], Liu et al. [11], Liu et al. [13], Liu and Kang [9], and Jiang et al. [7]. Examples are provided to support our results.
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Acknowledgments
This work was carried out under the project on Optimization and Reliability Modelling of Indian Statistical Institute. The authors wish to thank the unknown referees who patiently went through the article and whose suggestions considerably improved its presentation and readability.
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Deepmala, Das, A.K. (2015). On Solvability for Certain Functional Equations Arising in Dynamic Programming. In: Mohapatra, R., Chowdhury, D., Giri, D. (eds) Mathematics and Computing. Springer Proceedings in Mathematics & Statistics, vol 139. Springer, New Delhi. https://doi.org/10.1007/978-81-322-2452-5_6
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