Logo - springer
Slogan - springer

Birkhäuser - Birkhäuser Mathematics | Optimization, Control, and Applications of Stochastic Systems - In Honor of Onésimo Hernández-Lerma

Optimization, Control, and Applications of Stochastic Systems

In Honor of Onésimo Hernández-Lerma

Hernández-Hernández, Daniel, Minjárez-Sosa, J. Adolfo (Eds.)

2012, XXVII, 309 p. 8 illus., 7 illus. in color.

A product of Birkhäuser Basel
Available Formats:
eBook
Information

Springer eBooks may be purchased by end-customers only and are sold without copy protection (DRM free). Instead, all eBooks include personalized watermarks. This means you can read the Springer eBooks across numerous devices such as Laptops, eReaders, and tablets.

You can pay for Springer eBooks with Visa, Mastercard, American Express or Paypal.

After the purchase you can directly download the eBook file or read it online in our Springer eBook Reader. Furthermore your eBook will be stored in your MySpringer account. So you can always re-download your eBooks.

 
$99.00

(net) price for USA

ISBN 978-0-8176-8337-5

digitally watermarked, no DRM

Included Format: PDF and EPUB

download immediately after purchase


learn more about Springer eBooks

add to marked items

Hardcover
Information

Hardcover version

You can pay for Springer Books with Visa, Mastercard, American Express or Paypal.

Standard shipping is free of charge for individual customers.

 
$129.00

(net) price for USA

ISBN 978-0-8176-8336-8

free shipping for individuals worldwide

usually dispatched within 3 to 5 business days


add to marked items

  • Presents cutting-edge developments in many different areas of applied mathematics
  • Provides an interdisciplinary approach to the topic
  • Contributions written by experts in the field​

Compiled in honor of Onésimo Hernández-Lerma, this volume offers a broad presentation of the main concepts, techniques, and methodologies in the fields of optimization and control of stochastic systems. At the same time, the book provides an overview of their wide-ranging applications and theoretical developments. These topics include various aspects of dynamic programming, discounted and average optimality criteria for discrete- and continuous-time control processes, approximation algorithms, optimal stopping, and games.

The work comprises 18 carefully selected papers written by experts in their respective fields, and explores five major themes:

* discrete-time Markov control processes;
* several optimality criteria;
* applications in inventory systems and finance;
* stochastic optimal control problems for diffusion;
* optimization.

This book will be a valuable resource for all practitioners, researchers, and professionals in applied mathematics and operations research who work in the areas of stochastic control, mathematical finance, queueing theory, and inventory systems. It may also serve as a supplemental text for graduate courses in optimal control and its applications.

Content Level » Research

Keywords » Markov control processes - applications in mathematical finance - dynamic games - infinite-dimensional linear programming - manufacturing systems - operations research - queueing networks - stochastic optimal control

Related subjects » Birkhäuser Applied Probability and Statistics - Birkhäuser Engineering - Birkhäuser Mathematics

Table of contents / Preface / Sample pages 

Popular Content within this publication 

 

Articles

Read this Book on Springerlink

Services for this book

New Book Alert

Get alerted on new Springer publications in the subject area of Systems Theory, Control.