 Sequential decision making

Sequential decision-making refers to a process in which decisions are made in a sequence, where each decision influences future decisions and outcomes. This type of decision-making is common in various fields, including economics, artificial intelligence, operations research, and management, and it involves making choices over time that take into account the consequences of previous actions. Key features of sequential decision-making include: 1. **Temporal Dependence**: Decisions are made over a period, and the outcome of one decision can affect subsequent decisions.