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Multistage Stochastic Optimization

By Georg Ch. Pflug, Alois Pichler
eBook
$129.00
By Georg Ch. Pflug, Alois Pichler
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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 gen...

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Science & TechnologyBusinessEngineeringEngineering - General & MiscellaneousMathematicsBusiness TechnologyMathematical Programming & Operations ResearchResearch & Development - Operations ResearchOperations research