In it, they use dynamic programming to create a retirement income strategy for a simplified world with three time periods and two investment outcomes.

Among the principal techniques used in the paper are dynamic programming for both bucking and sawing, and a procedure for calculating the distance between two polyhedral sets in R 2. Computational ...

Daniel R. Jiang, Warren B. Powell, An Approximate Dynamic Programming Algorithm for Monotone Value Functions, Operations Research, Vol. 63, No. 6 (November-December 2015), pp. 1489-1511 ...