0
Your cart

Your cart is empty

Books > Business & Economics > Business & management > Management & management techniques > Operational research

Buy Now

Discrete-Time Markov Control Processes - Basic Optimality Criteria (Hardcover, 1996 ed.) Loot Price: R4,369
Discovery Miles 43 690
Discrete-Time Markov Control Processes - Basic Optimality Criteria (Hardcover, 1996 ed.): Onesimo Hernandez-Lerma, Jean B....

Discrete-Time Markov Control Processes - Basic Optimality Criteria (Hardcover, 1996 ed.)

Onesimo Hernandez-Lerma, Jean B. Lasserre

Series: Stochastic Modelling and Applied Probability, 30

 (sign in to rate)
Loot Price R4,369 Discovery Miles 43 690 | Repayment Terms: R409 pm x 12*

Bookmark and Share

Expected to ship within 12 - 17 working days

This book presents the first part of a planned two-volume series devoted to a systematic exposition of some recent developments in the theory of discrete-time Markov control processes (MCPs). Interest is mainly confined to MCPs with Borel state and control (or action) spaces, and possibly unbounded costs and noncompact control constraint sets. MCPs are a class of stochastic control problems, also known as Markov decision processes, controlled Markov processes, or stochastic dynamic pro grams; sometimes, particularly when the state space is a countable set, they are also called Markov decision (or controlled Markov) chains. Regardless of the name used, MCPs appear in many fields, for example, engineering, economics, operations research, statistics, renewable and nonrenewable re source management, (control of) epidemics, etc. However, most of the lit erature (say, at least 90%) is concentrated on MCPs for which (a) the state space is a countable set, and/or (b) the costs-per-stage are bounded, and/or (c) the control constraint sets are compact. But curiously enough, the most widely used control model in engineering and economics--namely the LQ (Linear system/Quadratic cost) model-satisfies none of these conditions. Moreover, when dealing with "partially observable" systems) a standard approach is to transform them into equivalent "completely observable" sys tems in a larger state space (in fact, a space of probability measures), which is uncountable even if the original state process is finite-valued."

General

Imprint: Springer-Verlag New York
Country of origin: United States
Series: Stochastic Modelling and Applied Probability, 30
Release date: December 1995
First published: 1996
Authors: Onesimo Hernandez-Lerma • Jean B. Lasserre
Dimensions: 235 x 155 x 14mm (L x W x T)
Format: Hardcover
Pages: 216
Edition: 1996 ed.
ISBN-13: 978-0-387-94579-8
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Business & Economics > Business & management > Management & management techniques > Operational research
Books > Science & Mathematics > Mathematics > Applied mathematics > Stochastics
Books > Professional & Technical > Mechanical engineering & materials > Production engineering > Industrial quality control
Promotions
LSN: 0-387-94579-2
Barcode: 9780387945798

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Business Logistics Management
Wessel Pienaar, John Vogt, … Paperback R610 Discovery Miles 6 100
Operational Risk Management
J Young Paperback R580 Discovery Miles 5 800
Operations Management
Nigel Slack, Alistair Brandon-Jones, … Paperback R2,487 R2,271 Discovery Miles 22 710
Emerging Trends in Sustainable Supply…
Muhammad Waqas, Syed Abdul Rehman Khan, … Hardcover R7,032 Discovery Miles 70 320
Essentials of Operations Management
Nigel Slack, Alistair Brandon-Jones Paperback R1,868 Discovery Miles 18 680
Operations Research: Introduction To…
Richard Johannes Boucherie, Henk Tijms, … Paperback R1,800 Discovery Miles 18 000
Optimization in Operations Research…
Ronald Rardin Paperback R2,780 Discovery Miles 27 800
Building Leadership Competence - A…
Wesley Donahue Hardcover R1,076 Discovery Miles 10 760
Unlocking Lean Six Sigma - A…
Wesley Donahue Hardcover R1,053 Discovery Miles 10 530
Analytics, Operations, and Strategic…
Gerald William Evans, William E. Biles, … Hardcover R6,084 Discovery Miles 60 840
Digital Transformation and Innovative…
Kamaljeet Sandhu Hardcover R7,389 Discovery Miles 73 890
Many-Criteria Optimization and Decision…
Dimo Brockhoff, Michael Emmerich, … Hardcover R4,674 Discovery Miles 46 740

See more

Partners