We introduce a novel approach to solving dynamic programming problems, such as those in many economic models, on a quantum annealer, a specialized device that performs combinatorial optimization.
Nature Research Intelligence Topics Topic summaries Engineering Control Engineering, Mechatronics and Robotics Simulation, Modelling, and Programming of Mechatronics Systems The field of mechatronics ...
In this paper, we study a class of optimal dividend and investment problems assuming that the underlying reserve process follows the Sparre Andersen model, that is, the claim frequency is a "renewal" ...