Closed-loop control with delayed information
Eitan Altman, Philippe Nain · 1992
The theory of Markov Control Model with Perfect State Information (MCM-PSI) requires that the current state of the system is known to the decision maker at decision instants. Otherwise, one speaks of Markov Control Model with Imperfect State Information (MCM-ISI). In this article, we introduce a new class of MCM-ISI, where the information on the state of the system is delayed. Such an information structure is encountered, for instance, in high-speed data networks.