Chance and Decision. Stochastic Control in Discrete Time

by Jerzy Zabczyk

Mathematical theory of discrete time decision processes, also known as stochastic control, is based on two major ideas: backward induction and conditioning. It has a large number of applications in almost all branches of the natural sciences. The aim of these notes is to give a self-contained introduction to this theory and its applications. Our intention was to give a global and mathematically precise picture of the subject and present well motivated...

• Format: Paperback
• Language: English
• ISBN: 8876422420
• ISBN13: 9788876422423
• Release Date: October 1996
• Publisher: Edizioni Della Normale
• Length: 185 Pages
• Weight: 0.91 lbs.
• Dimensions: 0.5" x 6.6" x 9.5"