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Equivalent Bounds

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Definition
StochasticControl

Let αt∈(0,1)\alpha_{t}\in(0,1) āˆt=0āˆž(1āˆ’Ī±t)>0ā€…ā€ŠāŸŗā€…ā€Šāˆ‘t=0āˆžĪ±t<āˆž\prod_{t=0}^{\infty}(1-\alpha_{t})>0\iff \sum_{t=0}^{\infty}\alpha_{t}<\infty