Stochastic Orders in Discrete Dynamic Programming

This paper deals with a problem o f dynamic optimization with values o f criteria function in the set o f the random variables. Precisely, there is a dynamic model with finite number o f stages, states and decision variables described. Such a dynamic process is evaluated regarding values o f the random variables. The random variables have to fulfil some conditions, if they are to be applied to dynamie optimization. These conditions are described in presented paper. Moreover, there is given a review of stochastic orders, which can be used in the model