<p><P>Markov decision processes (MDPs), also called stochastic dynamic programming, were first studied in the 1960s. MDPs can be used to model and solve dynamic decision-making problems that are multi-period and occur in stochastic circumstances. There are three basic branches in MDPs: discrete-time
Markov Decision Processes with Their Applications
β Scribed by Qiying Hu, Wuyi Yue
- Publisher
- Springer US
- Year
- 2008
- Tongue
- English
- Leaves
- 305
- Series
- Advances in Mechanics and Mathematics 14
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Subjects
Operations Research, Mathematical Programming; Probability Theory and Stochastic Processes; Calculus of Variations and Optimal Control; Optimization; Industrial and Production Engineering
π SIMILAR VOLUMES
<p><P>Markov decision processes (MDPs), also called stochastic dynamic programming, were first studied in the 1960s. MDPs can be used to model and solve dynamic decision-making problems that are multi-period and occur in stochastic circumstances. There are three basic branches in MDPs: discrete-time
<p><p>The theory of Markov decision processes focuses on controlled Markov chains in discrete time. The authors establish the theory for general state and action spaces and at the same time show its application by means of numerous examples, mostly taken from the fields of finance and operations res
<p><p>The theory of Markov decision processes focuses on controlled Markov chains in discrete time. The authors establish the theory for general state and action spaces and at the same time show its application by means of numerous examples, mostly taken from the fields of finance and operations res
The splitting extrapolation method is a newly developed technique for solving multidimensional mathematical problems. It overcomes the difficulties arising from Richardson's extrapolation when applied to these problems and obtains higher accuracy solutions with lower cost and a high degree of parall