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Dynamic Optimization: Deterministic and Stochastic Models
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Dynamic Optimization: Deterministic and Stochastic Models Paperback - 2017

by Karl Hinderer; Ulrich Rieder; Michael Stieglitz

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Reader reviews for Dynamic Optimization: Deterministic and Stochastic Models

From the publisher

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.

From the rear cover

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.

Details

  • Title Dynamic Optimization: Deterministic and Stochastic Models
  • Author Karl Hinderer; Ulrich Rieder; Michael Stieglitz
  • Binding Paperback
  • Pages 530
  • Volumes 1
  • Language ENG
  • Publisher Springer
  • Publication date 2017-01-18
  • Illustrated Yes
  • Features Illustrated
  • ISBN 9783319488134 / 3319488139
  • Weight 1.68 lbs (0.76 kg)
  • Dimensions 9.21 x 6.14 x 1.12 in (23.39 x 15.60 x 2.84 cm)
  • Category Business / Economics / Finance
  • Dewey Decimal Code 519

About the author

Karl Hinderer was Professor of Stochastics at the Karlsruhe Institute of Technology KIT. He wrote the seminal book Foundations of Non-stationary Dynamic Programming with Discrete Time Parameter (1970) and the textbook Grundbegriffe der Wahrscheinlichkeitstheorie (1972). His main research areas were stochastic dynamic programming, probability and stochastic processes.
Ulrich Rieder is Professor emeritus at the University of Ulm. From 1990 to 2008, he was Editor-in-Chief of Mathematical Methods of Operations Research. His main research areas include stochastic dynamic programming and control, risk-sensitive Markov decision processes, stochastic games, and financial optimization.

Michael Stieglitz was Professor at the University of Karlsruhe until 2002. He contributes to summability, approximation theory, and probability.

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Dynamic Optimization : Deterministic and Stochastic Models

Dynamic Optimization : Deterministic and Stochastic Models

by Karl Hinderer

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Paperback. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; 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 con
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Dynamic Optimization: Deterministic and Stochastic Models (Universitext)
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Dynamic Optimization: Deterministic and Stochastic Models (Universitext)

by Hinderer, Karl

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Dynamic Optimization: Deterministic and Stochastic Models
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Dynamic Optimization: Deterministic and Stochastic Models

by Hinderer, Karl/ Rieder, Ulrich/ Stieglitz, Michael

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Springer Verlag, 2017. Paperback. New. 552 pages. 9.00x6.00x1.25 inches.
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Dynamic Optimization: Deterministic and Stochastic Models (Universitext)
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Dynamic Optimization: Deterministic and Stochastic Models (Universitext)

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