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

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

Hardcover

ISBN 10: 0120620804 ISBN 13: 9780120620807

Publisher: Academic Press, 1987

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.

About this title

Language Notes

Text: English (translation)
Original Language: Russian

Edition details

• Publisher: Academic Press
• Publication date: 1987
• ISBN 10: 0120620804
• ISBN 13: 9780120620807
• Binding: Hardcover
• Language: English
• Number of pages: 216
• Editor: Medova-Dempster E. A., Dempster Michael A.H.