Discounting in Time

  • Authors:
  • Uli Fahrenberg;Kim G. Larsen

  • Affiliations:
  • Dept. of Computer Science, Aalborg University, Denmark;Dept. of Computer Science, Aalborg University, Denmark

  • Venue:
  • Electronic Notes in Theoretical Computer Science (ENTCS)
  • Year:
  • 2009

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Abstract

This paper deals with the issue of discounting in weighted timed transition systems. Discounting provides a way to model optimal-cost problems for infinite runs and has applications in optimal scheduling and other areas. We show that when postulating a certain natural additivity property for the discounted weights of runs, there is essentially only one possible way to introduce a discounting semantics. Our proof relies on the fact that a certain functional equation essentially only has one solution, for which we provide an elementary proof.