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: R4,481
Discovery Miles 44 810
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 R4,481 Discovery Miles 44 810 | Repayment Terms: R420 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 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 R2,346 R2,142 Discovery Miles 21 420
Research Handbook on Services Management
Mark M. Davis Hardcover R5,693 Discovery Miles 56 930
Handbook of Research Methods for Supply…
Stephen Childe, Anabela Soares Hardcover R6,818 Discovery Miles 68 180
The Rise of Blockchains - Disrupting…
Nir Kshetri Hardcover R2,739 Discovery Miles 27 390
Sustainable Consumption, Production and…
Paul Nieuwenhuis, Daniel Newman, … Hardcover R2,557 Discovery Miles 25 570
Handbook of Innovation & Appropriate…
Philippe Regnier, Daniel Frey, … Hardcover R5,059 Discovery Miles 50 590
The Contest for Value in Global Value…
Lilac Nachum, Yoshiteru Uramoto Hardcover R2,555 Discovery Miles 25 550
Emerging Trends in Sustainable Supply…
Muhammad Waqas, Syed Abdul Rehman Khan, … Hardcover R6,685 Discovery Miles 66 850
Optimization in Operations Research…
Ronald Rardin Paperback R2,621 Discovery Miles 26 210
Operations Research: Introduction To…
Richard Johannes Boucherie, Henk Tijms, … Paperback R1,714 Discovery Miles 17 140

See more

Partners