Azzato, JeffreyKrawczyk, Jacek B2008-08-242022-07-062008-08-242022-07-0620082008https://ir.wgtn.ac.nz/handle/123456789/18965This paper describes a suite of MATLAB (R) 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 [Kra01b]. Its routines implement a policy improvement algorithm to optimise a Markov decision chain approximating the original control problem, as described in [Kra01c]pdfen-NZComputational methodsApproximating Markov decision chainsEconomic softwareComputational economicsStochastic optimal controlComputational techniquesText