Carte Multistage Stochastic Optimization Georg Pflug

Multistage Stochastic Optimization

Limbă: engleză
Legare: Copertă tare
Disponibilitate: În depozitul extern
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749.04 lei
Multistage stochastic optimization problems appear in many ways in finance, insurance, energy produc...

Informații despre carte

Limbă
engleză
Legare
Carte - Copertă tare
Publicat
2014
Pagini
301
EAN
9783319088426
ISBN
3319088424
Enbook ID
02775212
Greutate
5974
Dimensiuni
155 x 235 x 23

Descriere completă

Multistage stochastic optimization problems appear in many ways in finance, insurance, energy production and trading, logistics and transportation, among other areas. They describe decision situations under uncertainty and with a longer planning horizon. This book contains a comprehensive treatment of today s state of the art in multistage stochastic optimization. It covers the mathematical backgrounds of approximation theory as well as numerous practical algorithms and examples for the generation and handling of scenario trees. A special emphasis is put on estimation and bounding of the modeling error using novel distance concepts, on time consistency and the role of model ambiguity in the decision process. An extensive treatment of examples from electricity production, asset liability management and inventory control concludes the book.

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