Data Science #22 - The theory of dynamic programming, Paper review 1954
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Data Science #22 - The theory of dynamic programming, Paper review 1954
We review Richard Bellman's "The Theory of Dynamic Programming" paper from 1954 which revolutionized how we approach complex decision-making problems through two key innovations. First, his Principle of Optimality established that optimal solutions have a recursive structure - each sub-decision must be optimal given the state resulting from ...
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