The main purpose of the book is to give a rigorous, yet mostly nontechnical, introduction to the most important and useful ...
Continue readingThe main purpose of the book is to give a rigorous, yet mostly nontechnical, introduction to the most important and useful ...
Continue readingThis monograph embodies a comprehensive survey of the relevant literature with basic problems being formulated and solved ...
Continue readingWhile the original works on Malliavin calculus aimed to study the smoothness of densities of solutions to stochastic differential ...
Continue readingThis book highlights recent developments in mathematical control theory and its applications to finance. It presents a collection ...
Continue readingThe Markov chain approximation methods are widely used for the numerical solution of nonlinear stochastic control problems ...
Continue readingAndré Jerenz develops a price-based revenue management framework to support retailers in establishing better and more profitable ...
Continue readingMarkov decision process (MDP) models are widely used for modeling sequential decision-making problems that arise in engineering, ...
Continue readingStochastic control is one of the methods being used to find optimal decision-making strategies in fields such as operations ...
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