MDPs and Bellman Equations intermediate

How controlled state transitions turn a trading problem into a sequential optimization problem.

How controlled state transitions turn a trading problem into a sequential optimization problem.

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References

Optimal Execution: A Review
Ryan Donnelly (2022) — Applied Mathematical Finance
Recent Advances in Reinforcement Learning in Finance
Ben Hambly, Renyuan Xu, Huining Yang (2023)
A Deep Reinforcement Learning Framework for the Financial Portfolio Management Problem
Zhengyao Jiang, Dixing Xu, Jinjun Liang (2017)