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Books > Reference & Interdisciplinary > Communication studies > Information theory > Cybernetics & systems theory
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Dynamic Optimization - Deterministic and Stochastic Models (Paperback, 1st ed. 2016)
Loot Price: R4,291
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Dynamic Optimization - Deterministic and Stochastic Models (Paperback, 1st ed. 2016)
Series: Universitext
Expected to ship within 18 - 22 working days
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This book explores discrete-time dynamic optimization and provides
a detailed introduction to both deterministic and stochastic
models. Covering problems with finite and infinite horizon, as well
as Markov renewal programs, Bayesian control models and partially
observable processes, the book focuses on the precise modelling of
applications in a variety of areas, including operations research,
computer science, mathematics, statistics, engineering, economics
and finance. Dynamic Optimization is a carefully presented textbook
which starts with discrete-time deterministic dynamic optimization
problems, providing readers with the tools for sequential
decision-making, before proceeding to the more complicated
stochastic models. The authors present complete and simple proofs
and illustrate the main results with numerous examples and
exercises (without solutions). With relevant material covered in
four appendices, this book is completely self-contained.
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