Paper accepted

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Published:

My paper “Perov’s Contraction Principle and Dynamic Programming with Stochastic Discounting” was accepted for publication in Operations Research Letters. I found a generalization of Banach’s contraction mapping theorem while studying a certain dynamic programming problem with stochastic discounting. It turned out the fixed point theorem was due to Perov (1964), but I found the application interesting, so I wrote a short paper.