Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

consider infinite horizon problems #2

Open
marcdelabarrera opened this issue Mar 2, 2023 · 0 comments
Open

consider infinite horizon problems #2

marcdelabarrera opened this issue Mar 2, 2023 · 0 comments

Comments

@marcdelabarrera
Copy link
Owner

Right now the package only solves finite horizon problems. Each training loop has a well-defined length T and the policy function depends on t. Consider a model with no discounting where in each period, with probability $1-\beta$ the agent dies and utility is 0 from then on. Then in expectation, that should be as if the agent is discounting time at rate $\beta$. Simulate until death and do not allow the policy function to depend on t.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

1 participant