Markov Decission Processes Discount /Reward

XVII

New Member
#1
Hello stats lovers!

I am new to this forum and this will be my first thread:)

Subject : Markov Decission Processes

Utility sequences, Gamma indicates reward for every action. However when your Gamma is higher than 1 then it indicates you want your reward later instead of directly.
Can someone please elaborate the logic behind?

Yours

XVII