This paper is concerned with a new discrete-time policy iteration adaptive dynamic programming (ADP) method for solving the infinite horizon optimal control problem of nonlinear systems. The idea is ...

Implements a simulation-based dynamic programming framework for optimal portfolio allocation over multiple periods. Combines analytical solutions with approximate methods under CRRA and log utility, ...

This article develops a fully decentralized approximate dynamic programming (FD-ADP) algorithm for stochastic energy management (SEM) of a networked microgrid (NMG) system. First, considering the ac ...