Process / pipelineSimulation / optimization

Multi-Objective Dynamic Programming — Pareto-optimal policies over sequential decisions

Multi-Objective Dynamic Programming (MODP) extends Bellman's classical dynamic programming to settings where a decision-maker must optimize several competing objectives simultaneously across a sequence of stages. Rather than a single optimal policy, it produces a Pareto-optimal set of policies — each representing a distinct trade-off profile — by propagating vector-valued value functions backward through the state space.

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Sources

  1. Bellman, R. (1957). Dynamic Programming. Princeton University Press, Princeton, NJ. ISBN: 9780691079516
  2. Daellenbach, H. G., & Flood, R. L. (1992). Multi-objective dynamic programming. European Journal of Operational Research, 56(2), 215-225. DOI: 10.1016/0377-2217(92)90097-H

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Referenced by

ScholarGateMulti-objective dynamic programming (Multi-Objective Dynamic Programming). Retrieved 2026-06-04 from https://scholargate.app/en/simulation/multi-objective-dynamic-programming