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Dynamic Stochastic Optimization (Lecture Notes in Economics and Mathematical Systems) [Paperback]

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Item description for Dynamic Stochastic Optimization (Lecture Notes in Economics and Mathematical Systems) by Kurt Marti...

This volume considers optimal stochastic decision processes from the viewpoint of stochastic programming. It focuses on theoretical properties and on approximate or numerical solution techniques for time-dependent optimization problems with random parameters (multistage stochastic programs, optimal stochastic decision processes). Methods for finding approximate solutions of probabilistic and expected cost based deterministic substitute problems are presented. Besides theoretical and numerical considerations, the proceedings volume contains selected refereed papers on many practical applications to economics and engineering: risk, risk management, portfolio management, finance, insurance-matters and control of robots.

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Item Specifications...

Pages   336
Est. Packaging Dimensions:   Length: 9.1" Width: 6" Height: 0.8"
Weight:   1.15 lbs.
Binding  Softcover
Release Date   Jan 12, 2004
Publisher   Springer
ISBN  3540405062  
ISBN13  9783540405061  

Availability  94 units.
Availability accurate as of May 23, 2017 03:37.
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More About Kurt Marti

Register your artisan biography and upload your photo! Univ.Prof. Kurt Marti studierte Mathematik und Physik an der UniversitAt ZA1/4rich. Nach dem Diplom wechselte er an die UniversitAt Mannheim, wo er zum promovierte. AnschlieAend war er als Wissenschaftlicher Mitarbeiter und Dozent an der UniversitAt ZA1/4rich tAtig. Es folgte ein Aufenthalt als Visiting Associate Professor an der University of Kentucky in Lexington, Ky, USA. Er wurde dann auf die Professur fA1/4r HAhere Mathematik und Operations Research an der FakultAt fA1/4r Luft- und Raumfahrttechnik der UniversitAt der Bundeswehr MA1/4nchen berufen. SpAter erfolgte der Ruf auf die Professur fA1/4r Ingenieurmathematik an derselben UniversitAt. Sein Forschungsgebiet ist die Stochastische Optimierung, wobei approximative LAsungsverfahren und insbesondere Anwendungen im Ingenieurwesen im Vordergrund stehen. Eine Aoebersicht A1/4ber die Publikationen von Prof. Marti und seiner Arbeitsgruppe auf verschiedenen Gebieten der Stochastischen Optimierung und ihren Anwendungen in der Strukturoptimierung sowie in der Robotik findet man auf der Webseite: http: // Prof. Marti ist Chairman des GAMM-Fachausschusses "Optimierung und Angewandte Stochastik" und Chairman der IFIP Working Group WG7.7 "Stochastic Optimization."

Kurt Marti was born in 1943.

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