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Bücher Englische Bücher Wissen & Bildung Naturwissenschaft, Medizin, Informatik, Technik Mathematik Wahrscheinlichkeitstheorie & Statistik Numerical Methods for Stochastic Control Problems in Continuous Time
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Numerical Methods for Stochastic Control Problems in Continuous Time
Harold Kushner, Paul G. Dupuis (Gebundene Ausgabe, Englisch)
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Beschreibung
Changes in the second edition. The second edition differs from the first in that there is a full development of problems where the variance of the diffusion term and the jump distribution can be controlled. Also, a great deal of new material concerning deterministic problems has been added, including very efficient algorithms for a class of problems of wide current interest. This book is concerned… with numerical methods for stochastic control and optimal stochastic control problems. The random process models of the controlled or uncontrolled stochastic systems are either diffusions or jump diffusions. Stochastic control is a very active area of research and new problem formulations and sometimes surprising applications appear regu larly. We have chosen forms of the models which cover the great bulk of the formulations of the continuous time stochastic control problems which have appeared to date. The standard formats are covered, but much emphasis is given to the newer and less well known formulations. The controlled process might be either stopped or absorbed on leaving a constraint set or upon first hitting a target set, or it might be reflected or "projected" from the boundary of a constraining set. In some of the more recent applications of the reflecting boundary problem, for example the so-called heavy traffic approximation problems, the directions of reflection are actually discontin uous. In general, the control might be representable as a bounded function or it might be of the so-called impulsive or singular control types. Dieses Produkt haben wir gerade leider nicht auf Lager.
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Technische Daten
Erscheinungsdatum
01.01.2001
Sprache
Englisch
EAN
9780387951393
Herausgeber
Springer US
Serien- oder Bandtitel
Stochastic Modelling and Applied Probability
Sonderedition
Nein
Autor
Harold Kushner, Paul G. Dupuis
Seitenanzahl
476
Auflage
2
Einbandart
Gebundene Ausgabe
Hersteller: Springer Nature Customer Service Center GmbH, ProductSafety@springernature.com
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