Onesimo Hernandez-Lerma

(Author)

Discrete-Time Markov Control Processes: Basic Optimality Criteria (1996)Hardcover - 1996, 1 December 1995

Discrete-Time Markov Control Processes: Basic Optimality Criteria (1996)
Qty
1
Turbo
Ships in 2 - 3 days
In Stock
Free Delivery
Cash on Delivery
15 Days
Free Returns
Secure Checkout
Buy More, Save More
Part of Series
Stochastic Modelling and Applied Probability
Part of Series
Applications of Mathematics
Print Length
216 pages
Language
English
Publisher
Springer
Date Published
1 Dec 1995
ISBN-10
0387945792
ISBN-13
9780387945798

Description

This book presents the first part of a planned two-volume series devoted to a systematic exposition of some recent developments in the theory of discrete-time Markov control processes (MCPs). Interest is mainly confined to MCPs with Borel state and control (or action) spaces, and possibly unbounded costs and noncompact control constraint sets. MCPs are a class of stochastic control problems, also known as Markov decision processes, controlled Markov processes, or stochastic dynamic pro- grams; sometimes, particularly when the state space is a countable set, they are also called Markov decision (or controlled Markov) chains. Regardless of the name used, MCPs appear in many fields, for example, engineering, economics, operations research, statistics, renewable and nonrenewable re- source management, (control of) epidemics, etc. However, most of the lit- erature (say, at least 90%) is concentrated on MCPs for which (a) the state space is a countable set, and/or (b) the costs-per-stage are bounded, and/or (c) the control constraint sets are compact. But curiously enough, the most widely used control model in engineering and economics--namely the LQ (Linear system/Quadratic cost) model-satisfies none of these conditions. Moreover, when dealing with "partially observable" systems) a standard approach is to transform them into equivalent "completely observable" sys- tems in a larger state space (in fact, a space of probability measures), which is uncountable even if the original state process is finite-valued.

Product Details

Authors:
Onesimo Hernandez-LermaJean B Lasserre
Book Edition:
1996
Book Format:
Hardcover
Country of Origin:
US
Date Published:
1 December 1995
Dimensions:
24.36 x 16.18 x 1.88 cm
ISBN-10:
0387945792
ISBN-13:
9780387945798
Language:
English
Location:
New York, NY
Pages:
216
Publisher:
Weight:
503.49 gm

Related Categories


Need Help?
+971 6 731 0280
support@gzb.ae

About UsContact UsPayment MethodsFAQsShipping PolicyRefund and ReturnTerms of UsePrivacy PolicyCookie Notice

VisaMastercardCash on Delivery

© 2024 White Lion General Trading LLC. All rights reserved.