Stochastic Models of Control and Economic Dynamics (Economic Theory, Econometrics, and Mathematical Economics) - Hardcover

Arkin, V. I.; Evstigneev, I. V.

 
9780120620807: Stochastic Models of Control and Economic Dynamics (Economic Theory, Econometrics, and Mathematical Economics)

Synopsis

This book is devoted to a specific problem in the general theory of automatic control -- sequential control under conditions of incomplete information. The main results concern the case in which at each moment of (continuous) time only a finite number of controls are admissible and the results of control action are represented by realizations of random variables whose distributions at a given control correspond to one of several alternative hypotheses. The analysis is conducted in a Bayesian framework.

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Language Notes

Text: English (translation)
Original Language: Russian

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Other Popular Editions of the Same Title

9780120620814: Stochastic Models of Control and Economic Dynamics

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ISBN 10:  0120620812 ISBN 13:  9780120620814
Publisher: Academic Pr
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