English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Tools annual

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Presents the access of premium content as premium feature

Premium Content

Global: Zendy Plus annual

Global: Zendy Free Plan

We consider an optimal switching problem with random lag and possibility ofcomponent failure. The random lag is modeled by letting the operation modefollow a regime switching Markov-model with transition intensities that dependon the switching mode. The possibility of failures is modeled by havingabsorbing components. We show existence of an optimal control for the problemby applying a probabilistic technique based on the concept of Snell envelopes.

On the Finite Horizon Optimal Switching Problem with Random Lag