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Stochastic Multi-Stage Optimization: At the Crossroads between Discrete Time Stochastic Control and Stochastic Programming - Probability Theory and Stochastic Modelling 75 (Paperback)
  • Stochastic Multi-Stage Optimization: At the Crossroads between Discrete Time Stochastic Control and Stochastic Programming - Probability Theory and Stochastic Modelling 75 (Paperback)
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Stochastic Multi-Stage Optimization: At the Crossroads between Discrete Time Stochastic Control and Stochastic Programming - Probability Theory and Stochastic Modelling 75 (Paperback)

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£85.50
Paperback 362 Pages / Published: 09/10/2016
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The focus of the present volume is stochastic optimization of dynamical systems in discrete time where - by concentrating on the role of information regarding optimization problems - it discusses the related discretization issues. There is a growing need to tackle uncertainty in applications of optimization. For example the massive introduction of renewable energies in power systems challenges traditional ways to manage them. This book lays out basic and advanced tools to handle and numerically solve such problems and thereby is building a bridge between Stochastic Programming and Stochastic Control. It is intended for graduates readers and scholars in optimization or stochastic control, as well as engineers with a background in applied mathematics.

Publisher: Springer International Publishing AG
ISBN: 9783319365152
Number of pages: 362
Weight: 5737 g
Dimensions: 235 x 155 x 20 mm
Edition: Softcover reprint of the original 1st ed. 201


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"I consider the book as a guide to the different aspects of stochastic optimization and the most important motive for distinguishing it from other similar textbooks and monographs is a great emphasis put on the role of information." (Jerzy Ombach, zbMATH 1336.90066, 2016)

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