 |


|
 |
Item Details
Title:
|
STOCHASTIC CONTROL IN DISCRETE AND CONTINUOUS TIME
DISCRETE AND CONTINUOUS TIME |
By: |
Atle Seierstad |
Format: |
Hardback |

List price:
|
£64.99 |
We currently do not stock this item, please contact the publisher directly for
further information.
|
|
|
|
|
ISBN 10: |
0387766162 |
ISBN 13: |
9780387766164 |
Publisher: |
SPRINGER-VERLAG NEW YORK INC. |
Pub. date: |
11 November, 2008 |
Pages: |
222 |
Description: |
This book is a comprehensive introduction to stochastic control problems in both discrete and continuous time. It covers stochastic dynamic programming and the optimal stopping problem for discrete time with a finite or infinite horizon. |
Synopsis: |
This book contains an introduction to three topics in stochastic control: discrete time stochastic control, i. e. , stochastic dynamic programming (Chapter 1), piecewise - terministic control problems (Chapter 3), and control of Ito diffusions (Chapter 4). The chapters include treatments of optimal stopping problems. An Appendix - calls material from elementary probability theory and gives heuristic explanations of certain more advanced tools in probability theory. The book will hopefully be of interest to students in several ?elds: economics, engineering, operations research, ?nance, business, mathematics. In economics and business administration, graduate students should readily be able to read it, and the mathematical level can be suitable for advanced undergraduates in mathem- ics and science. The prerequisites for reading the book are only a calculus course and a course in elementary probability. (Certain technical comments may demand a slightly better background.) As this book perhaps (and hopefully) will be read by readers with widely diff- ing backgrounds, some general advice may be useful: Don't be put off if paragraphs, comments, or remarks contain material of a seemingly more technical nature that you don't understand. Just skip such material and continue reading, it will surely not be needed in order to understand the main ideas and results. The presentation avoids the use of measure theory. |
Illustrations: |
5 black & white tables, biography |
Publication: |
US |
Imprint: |
Springer-Verlag New York Inc. |
Returns: |
Returnable |
|
|
|
 |


|

|

|

|

|
No Cheese, Please!
A fun picture book for children with food allergies - full of friendship and super-cute characters!Little Mo the mouse is having a birthday party.

|
My Brother Is a Superhero
Luke is massively annoyed about this, but when Zack is kidnapped by his arch-nemesis, Luke and his friends have only five days to find him and save the world...

|

|

|
|
 |