Krawczyk, Jacek BPharo, Alastair S2014-06-122022-07-062014-06-122022-07-0620142014https://ir.wgtn.ac.nz/handle/123456789/18832This paper describes a suite of MATLAB® routines devised to provide an approximately optimal solution to an infinite-horizon stochastic optimal control problem. The suite is an updated version of that described in [1] and [2]. Its routines implement a policy improvement algorithm to optimise a Markov decision chain approximating the original control problem, as described in [3].pdfen-NZComputational economics,Approximating Markov decision chainsMATLAB®Textwww.victoria.ac.nz/sef/research/sef.working-papers