Modern Trends in Controlled Stochastic Processes:: Theory and Applications, V.III

This book presents state-of-the-art solution methods and applications of shastic optimal control. It is a collection of extended papers discussed at the traditional Liverpool workshop on controlled shastic processes with participants from both the east and the west. New problems are formulated, and progresses of ongoing research are reported. Topics covered in this book include theoretical results and numerical methods for Markov and semi-Markov decision processes, optimal stopping of Marko...