Selec Top on Continuous-Time Control ..
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Book Overview This book concerns continuous-time controlled Markov chains, also known as continuous-time Markov decision processes. They form a class o...
This book concerns continuous-time controlled Markov chains, also known as continuous-time Markov decision processes. They form a class of stochastic control problems in which a single decision-maker wishes to optimize a given objective function. This book is also concerned with Markov games, where two decision-makers (or players) try to optimize their own objective function. Both decision-making processes appear in a large number of applications in economics, operations research, engineering, and computer science, among other areas.An extensive, self-contained, up-to-date analysis of basic optimality criteria (such as discounted and average reward), and advanced optimality criteria (e.g., bias, overtaking, sensitive discount, and Blackwell optimality) is presented. A particular emphasis is made on the application of the results herein: algorithmic and computational issues are discussed, and applications to population models and epidemic processes are shown.This book is addressed to students and researchers in the fields of stochastic control and stochastic games. Moreover, it could be of interest also to undergraduate and beginning graduate students because the reader is not supposed to have a high mathematical background: a working knowledge of calculus, linear algebra, probability, and continuous-time Markov chains should suffice to understand the contents of the book.
Book Details Format: Hardcover | Pages: 279 | Language: English | Publisher: IMPERIAL COLLEGE PR | ISBN: 1848168489
FormatHardcover
Pages279
LanguageEnglish
ISBN1848168489
EAN9781848168480
PublisherIMPERIAL COLLEGE PR
Publication Date1970-01-01
EditionIllustrated
AccessoriesNo Accessory
ConditionNew
Product TypeHARD COVER BOOKS
Weight1.2 Pounds
Length9.0 Inches
Width6.0 Inches
Height0.9 Inches
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