For an infinite-horizon problem with stationary data (i.e., ξt has the same distribution ξ for all t ), the goal is to find a function Ψ∞ such that Ψ∞ = T(Ψ∞) , where T is the dynamic programming...

For an infinite-horizon problem with stationary data (i.e., ξt has the same distribution ξ for all t ), the goal is to find a function Ψ∞ such that Ψ∞ = T(Ψ∞) , where T is the dynamic programming operator defined by