Value function Created 2026-09-24 Updated 2026-10-14
A value function assigns each dynamic programming state and time the best objective function value attainable over the remaining decisions. It is a score, whereas a control policy specifies the actions producing that score. In the 0-1 knapsack problem above, is the score, and choosing the items of weights and attains it. In sequential mathematical optimization, the Bellman equation computes a value function by comparing immediate reward plus continuation value. Use a supremum or infimum when the best score need not be attained by any admissible control policy.
Weak minimax inequality 2026-10-25
For a nonempty bounded array of real numbers, each column infimum is at most every row supremum, because for all . Taking the supremum over columns and then the infimum over rows proves the displayed inequality. Equality need not hold: for on positive integer indices, every column infimum is zero and every row supremum is one. This elementary bound is the order-theoretic starting point for stronger minimax theorems with additional hypotheses.