Visit our Christmas Gift Finder
Stochastic Control in Discrete and Continuous Time (Paperback)
  • Stochastic Control in Discrete and Continuous Time (Paperback)
zoom

Stochastic Control in Discrete and Continuous Time (Paperback)

(author)
£42.99
Paperback 222 Pages / Published: 12/12/2011
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
This book contains an introduction to three topics in stochastic control: discrete time stochastic control, i. e. , stochastic dynamic programming (Chapter 1), piecewise - terministic control problems (Chapter 3), and control of Ito diffusions (Chapter 4). The chapters include treatments of optimal stopping problems. An Appendix - calls material from elementary probability theory and gives heuristic explanations of certain more advanced tools in probability theory. The book will hopefully be of interest to students in several ?elds: economics, engineering, operations research, ?nance, business, mathematics. In economics and business administration, graduate students should readily be able to read it, and the mathematical level can be suitable for advanced undergraduates in mathem- ics and science. The prerequisites for reading the book are only a calculus course and a course in elementary probability. (Certain technical comments may demand a slightly better background. ) As this book perhaps (and hopefully) will be read by readers with widely diff- ing backgrounds, some general advice may be useful: Don't be put off if paragraphs, comments, or remarks contain material of a seemingly more technical nature that you don't understand. Just skip such material and continue reading, it will surely not be needed in order to understand the main ideas and results. The presentation avoids the use of measure theory.

Publisher: Springer-Verlag New York Inc.
ISBN: 9781441945693
Number of pages: 222
Weight: 468 g
Dimensions: 235 x 155 x 16 mm
Edition: 2009


MEDIA REVIEWS

From the reviews:

"This book provides a comprehensive introduction to stochastic control. ... The treatment is at the level of a first course, with several examples and exercises. The book can be used by undergraduate students, but also by graduate students, engineers and others who study control, systems and related areas or want to extend their knowledge in these topics." (Krzysztof Szajowski, Mathematical Reviews, Issue 2009 j)

You may also be interested in...

Linear Algebra
Added to basket
£31.49
Paperback
Mathematics for Economics and Finance
Added to basket
Pharmaceutical Calculations Workbook
Added to basket
Essential Medical Statistics
Added to basket
A First Course in Coding Theory
Added to basket
Probability and Random Processes
Added to basket
Stochastic Differential Equations
Added to basket
Advanced Engineering Mathematics
Added to basket
Mathematics for Biological Scientists
Added to basket
Probability
Added to basket
£26.49
Paperback
Biomeasurement
Added to basket
£28.99
Paperback
Chaos: A Very Short Introduction
Added to basket
Mathematics for Economics and Business
Added to basket
Mathematical Techniques
Added to basket

Please sign in to write a review

Your review has been submitted successfully.