Dynamic Programming and Its Applications: Proceedings of the International Conference on Dynamic Programming and Its Applications, University of British Columbia, Vancouver, British Columbia, Canada, April 14-16, 1977

Puterman, Dr. Martin L. (Editor)

ISBN 10: 1483245047 / ISBN 13: 9781483245041

Published by Academic Press, 2014

About this Item

426 pages. 9.25x6.00x0.96 inches. In Stock.

Seller Inventory # zk1483245047

Bibliographic Details

• Title: Dynamic Programming and Its Applications: Proceedings of the International Conference on Dynamic Programming and Its Applications, University of British Columbia, Vancouver, British Columbia, Canada, April 14-16, 1977
• Publisher: Academic Press
• Publication Date: 2014
• Language: English
• ISBN 10: 1483245047
• ISBN 13: 9781483245041
• Binding: Paperback
• Condition: Brand New
• Weight: 0.74 kilograms

About this title

Synopsis

Dynamic Programming and Its Applications provides information pertinent to the theory and application of dynamic programming. This book presents the development and future directions for dynamic programming. Organized into four parts encompassing 23 chapters, this book begins with an overview of recurrence conditions for countable state Markov decision problems, which ensure that the optimal average reward exists and satisfies the functional equation of dynamic programming. This text then provides an extensive analysis of the theory of successive approximation for Markov decision problems. Other chapters consider the computational methods for deterministic, finite horizon problems, and present a unified and insightful presentation of several foundational questions. This book discusses as well the relationship between policy iteration and Newton's method. The final chapter deals with the main factors severely limiting the application of dynamic programming in practice. This book is a valuable resource for growth theorists, economists, biologists, mathematicians, and applied management scientists.