{"id":"https://openalex.org/W4393391655","doi":"https://doi.org/10.1007/s00186-024-00857-0","title":"Markov decision processes with risk-sensitive criteria: an overview","display_name":"Markov decision processes with risk-sensitive criteria: an overview","publication_year":2024,"publication_date":"2024-04-01","ids":{"openalex":"https://openalex.org/W4393391655","doi":"https://doi.org/10.1007/s00186-024-00857-0"},"language":"en","primary_location":{"id":"doi:10.1007/s00186-024-00857-0","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00186-024-00857-0","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00186-024-00857-0.pdf","source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s00186-024-00857-0.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5022449258","display_name":"Nicole B\u00e4uerle","orcid":"https://orcid.org/0000-0003-0077-3444"},"institutions":[{"id":"https://openalex.org/I102335020","display_name":"Karlsruhe Institute of Technology","ror":"https://ror.org/04t3en479","country_code":"DE","type":"education","lineage":["https://openalex.org/I102335020","https://openalex.org/I1305996414"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Nicole B\u00e4uerle","raw_affiliation_strings":["Department of Mathematics, Karlsruhe Institute of Technology (KIT), Karlsruhe, 76131, Germany"],"raw_orcid":"https://orcid.org/0000-0003-0077-3444","affiliations":[{"raw_affiliation_string":"Department of Mathematics, Karlsruhe Institute of Technology (KIT), Karlsruhe, 76131, Germany","institution_ids":["https://openalex.org/I102335020"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5041359534","display_name":"Anna Ja\u015bkiewicz","orcid":"https://orcid.org/0000-0002-8480-7850"},"institutions":[{"id":"https://openalex.org/I11923345","display_name":"Wroc\u0142aw University of Science and Technology","ror":"https://ror.org/008fyn775","country_code":"PL","type":"education","lineage":["https://openalex.org/I11923345"]},{"id":"https://openalex.org/I686019","display_name":"AGH University of Krakow","ror":"https://ror.org/00bas1c41","country_code":"PL","type":"education","lineage":["https://openalex.org/I686019"]}],"countries":["PL"],"is_corresponding":false,"raw_author_name":"Anna Ja\u015bkiewicz","raw_affiliation_strings":["Faculty of Pure and Applied Mathematics, Wroc\u0142aw University of Science and Technology, Wroc\u0142aw, Poland"],"raw_orcid":"https://orcid.org/0000-0002-8480-7850","affiliations":[{"raw_affiliation_string":"Faculty of Pure and Applied Mathematics, Wroc\u0142aw University of Science and Technology, Wroc\u0142aw, Poland","institution_ids":["https://openalex.org/I11923345","https://openalex.org/I686019"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5022449258"],"corresponding_institution_ids":["https://openalex.org/I102335020"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":{"value":2290,"currency":"EUR","value_usd":2890},"fwci":10.0684,"has_fulltext":true,"cited_by_count":25,"citation_normalized_percentile":{"value":0.98415594,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":100},"biblio":{"volume":"99","issue":"1-2","first_page":"141","last_page":"178"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.9818000197410583,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10974","display_name":"Advanced Queuing Theory Analysis","score":0.9591000080108643,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.5529034733772278},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5317992568016052},{"id":"https://openalex.org/keywords/management-science","display_name":"Management science","score":0.35940849781036377},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.1636725664138794},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.11920279264450073}],"concepts":[{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.5529034733772278},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5317992568016052},{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.35940849781036377},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.1636725664138794},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.11920279264450073}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1007/s00186-024-00857-0","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00186-024-00857-0","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00186-024-00857-0.pdf","source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:econstor.eu:10419/314977","is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/314977","pdf_url":"https://www.econstor.eu/bitstream/10419/314977/1/00186_2024_Article_857.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"doc-type:article"},{"id":"pmh:oai:RePEc:spr:mathme:v:99:y:2024:i:1:d:10.1007_s00186-024-00857-0","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s00186-024-00857-0","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.1007/s00186-024-00857-0","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00186-024-00857-0","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00186-024-00857-0.pdf","source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Peace, Justice and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.75}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4393391655.pdf"},"referenced_works_count":154,"referenced_works":["https://openalex.org/W9583197","https://openalex.org/W323116121","https://openalex.org/W353798833","https://openalex.org/W368265031","https://openalex.org/W393689543","https://openalex.org/W579853240","https://openalex.org/W1496590343","https://openalex.org/W1551475905","https://openalex.org/W1574786337","https://openalex.org/W1583837637","https://openalex.org/W1866547760","https://openalex.org/W1869182727","https://openalex.org/W1965328823","https://openalex.org/W1975978639","https://openalex.org/W1976406849","https://openalex.org/W1979085877","https://openalex.org/W1982340720","https://openalex.org/W1984931312","https://openalex.org/W1986667174","https://openalex.org/W1987015078","https://openalex.org/W1990020728","https://openalex.org/W1990256806","https://openalex.org/W1990437501","https://openalex.org/W1990989920","https://openalex.org/W1991093460","https://openalex.org/W1992154527","https://openalex.org/W1994823764","https://openalex.org/W1997111364","https://openalex.org/W2001009060","https://openalex.org/W2001432227","https://openalex.org/W2002518043","https://openalex.org/W2003418532","https://openalex.org/W2004276046","https://openalex.org/W2004904423","https://openalex.org/W2010654234","https://openalex.org/W2013208815","https://openalex.org/W2013406658","https://openalex.org/W2015799892","https://openalex.org/W2017960933","https://openalex.org/W2018190357","https://openalex.org/W2019265923","https://openalex.org/W2027106436","https://openalex.org/W2027591506","https://openalex.org/W2029366692","https://openalex.org/W2032697805","https://openalex.org/W2036694592","https://openalex.org/W2037020559","https://openalex.org/W2037197628","https://openalex.org/W2037287871","https://openalex.org/W2043515777","https://openalex.org/W2048109340","https://openalex.org/W2048220997","https://openalex.org/W2049826699","https://openalex.org/W2052626772","https://openalex.org/W2054226461","https://openalex.org/W2056329886","https://openalex.org/W2057338828","https://openalex.org/W2058378947","https://openalex.org/W2060183035","https://openalex.org/W2060248504","https://openalex.org/W2064721129","https://openalex.org/W2070443156","https://openalex.org/W2074999860","https://openalex.org/W2081920433","https://openalex.org/W2082229925","https://openalex.org/W2082344166","https://openalex.org/W2083601047","https://openalex.org/W2083709635","https://openalex.org/W2086304253","https://openalex.org/W2086649061","https://openalex.org/W2088413745","https://openalex.org/W2089786171","https://openalex.org/W2090807282","https://openalex.org/W2096035449","https://openalex.org/W2102569671","https://openalex.org/W2106549991","https://openalex.org/W2107431923","https://openalex.org/W2114487363","https://openalex.org/W2119567691","https://openalex.org/W2121863487","https://openalex.org/W2124480392","https://openalex.org/W2125128011","https://openalex.org/W2127082526","https://openalex.org/W2132807882","https://openalex.org/W2132822315","https://openalex.org/W2136013738","https://openalex.org/W2136903220","https://openalex.org/W2138657485","https://openalex.org/W2138740914","https://openalex.org/W2139914196","https://openalex.org/W2140282437","https://openalex.org/W2147086938","https://openalex.org/W2160769068","https://openalex.org/W2161423588","https://openalex.org/W2169706572","https://openalex.org/W2180192350","https://openalex.org/W2250513429","https://openalex.org/W2252390983","https://openalex.org/W2260348749","https://openalex.org/W2270386131","https://openalex.org/W2353574382","https://openalex.org/W2561666900","https://openalex.org/W2570125889","https://openalex.org/W2585760530","https://openalex.org/W2602737734","https://openalex.org/W2616914694","https://openalex.org/W2620502305","https://openalex.org/W2766179393","https://openalex.org/W2782594280","https://openalex.org/W2790589607","https://openalex.org/W2792482862","https://openalex.org/W2885418389","https://openalex.org/W2915625357","https://openalex.org/W2958786599","https://openalex.org/W2962879290","https://openalex.org/W2963011725","https://openalex.org/W2963056098","https://openalex.org/W2963275058","https://openalex.org/W2964169074","https://openalex.org/W2979964913","https://openalex.org/W3002193152","https://openalex.org/W3015437889","https://openalex.org/W3033529302","https://openalex.org/W3047623911","https://openalex.org/W3092690983","https://openalex.org/W3101800562","https://openalex.org/W3104155877","https://openalex.org/W3104184956","https://openalex.org/W3121421460","https://openalex.org/W3121492505","https://openalex.org/W3124485503","https://openalex.org/W3125005772","https://openalex.org/W3125694015","https://openalex.org/W3139526904","https://openalex.org/W3198266396","https://openalex.org/W3199750493","https://openalex.org/W3210472707","https://openalex.org/W3216631305","https://openalex.org/W4224232484","https://openalex.org/W4225482307","https://openalex.org/W4248958206","https://openalex.org/W4252707658","https://openalex.org/W4289823579","https://openalex.org/W4297243031","https://openalex.org/W4297792307","https://openalex.org/W4301258660","https://openalex.org/W4318821274","https://openalex.org/W4324134843","https://openalex.org/W4362722548","https://openalex.org/W4379742034","https://openalex.org/W4386712568","https://openalex.org/W4386775462","https://openalex.org/W4389670436","https://openalex.org/W6611125311"],"related_works":["https://openalex.org/W2748952813","https://openalex.org/W2390279801","https://openalex.org/W2358668433","https://openalex.org/W2376932109","https://openalex.org/W2001405890","https://openalex.org/W2382290278","https://openalex.org/W2478288626","https://openalex.org/W4391913857","https://openalex.org/W2350741829","https://openalex.org/W2530322880"],"abstract_inverted_index":{"Abstract":[0],"The":[1,16],"paper":[2],"provides":[3],"an":[4,55],"overview":[5],"of":[6,11,24],"the":[7,22,25,39,75,78,88,95],"theory":[8,76],"and":[9,35,44,67],"applications":[10],"risk-sensitive":[12],"Markov":[13],"decision":[14],"processes.":[15],"term":[17],"\u2019risk-sensitive\u2019":[18],"refers":[19],"here":[20],"to":[21,32,51,94],"use":[23],"Optimized":[26,79],"Certainty":[27,80],"Equivalent":[28,81],"as":[29,85,87,99,101],"a":[30],"means":[31],"measure":[33,43],"expectation":[34],"risk.":[36],"This":[37],"comprises":[38],"well-known":[40],"entropic":[41],"risk":[42],"Conditional":[45],"Value-at-Risk.":[46],"We":[47,72],"restrict":[48],"our":[49],"considerations":[50],"stationary":[52],"problems":[53],"with":[54],"infinite":[56],"time":[57],"horizon.":[58],"Conditions":[59],"are":[60,70,104],"given":[61],"under":[62],"which":[63],"optimal":[64],"policies":[65],"exist":[66],"solution":[68],"procedures":[69],"explained.":[71],"present":[73],"both":[74],"when":[77],"is":[82,92],"applied":[83,93],"recursively":[84],"well":[86,100],"case":[89],"where":[90],"it":[91],"cumulated":[96],"reward.":[97],"Discounted":[98],"non-discounted":[102],"models":[103],"reviewed.":[105]},"counts_by_year":[{"year":2026,"cited_by_count":12},{"year":2025,"cited_by_count":9},{"year":2024,"cited_by_count":4}],"updated_date":"2026-07-04T07:58:01.006859","created_date":"2025-10-10T00:00:00"}
