Multistage Stochastic Optimization

Business & Finance, Management & Leadership, Operations Research, Nonfiction, Science & Nature, Mathematics, Applied
Cover of the book Multistage Stochastic Optimization by Georg Ch. Pflug, Alois Pichler, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Georg Ch. Pflug, Alois Pichler ISBN: 9783319088433
Publisher: Springer International Publishing Publication: November 12, 2014
Imprint: Springer Language: English
Author: Georg Ch. Pflug, Alois Pichler
ISBN: 9783319088433
Publisher: Springer International Publishing
Publication: November 12, 2014
Imprint: Springer
Language: English

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 generation and handling of scenario trees. A special emphasis is put on estimation and bounding of the modeling error using novel distance concepts, on time consistency   and the role of model ambiguity in the decision process. An extensive treatment of examples from electricity production, asset liability management and inventory control concludes the book.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 generation and handling of scenario trees. A special emphasis is put on estimation and bounding of the modeling error using novel distance concepts, on time consistency   and the role of model ambiguity in the decision process. An extensive treatment of examples from electricity production, asset liability management and inventory control concludes the book.

More books from Springer International Publishing

Cover of the book Music Interventions for Neurodevelopmental Disorders by Georg Ch. Pflug, Alois Pichler
Cover of the book Interactive Collaborative Robotics by Georg Ch. Pflug, Alois Pichler
Cover of the book Biotechnology of Yeasts and Filamentous Fungi by Georg Ch. Pflug, Alois Pichler
Cover of the book Cuteness Engineering by Georg Ch. Pflug, Alois Pichler
Cover of the book New Perspectives on the Bank-Firm Relationship by Georg Ch. Pflug, Alois Pichler
Cover of the book Au-Catalyzed Synthesis and Functionalization of Heterocycles by Georg Ch. Pflug, Alois Pichler
Cover of the book Statistical Causal Inferences and Their Applications in Public Health Research by Georg Ch. Pflug, Alois Pichler
Cover of the book Principles of Nanomagnetism by Georg Ch. Pflug, Alois Pichler
Cover of the book Teaching Professional Attitudes and Basic Clinical Skills to Medical Students by Georg Ch. Pflug, Alois Pichler
Cover of the book Family-Oriented Informed Consent by Georg Ch. Pflug, Alois Pichler
Cover of the book Drug Interactions in Infectious Diseases: Mechanisms and Models of Drug Interactions by Georg Ch. Pflug, Alois Pichler
Cover of the book Binding Energy of Strongly Deformed Radionuclides by Georg Ch. Pflug, Alois Pichler
Cover of the book Transgressive Citizenship and the Struggle for Social Justice by Georg Ch. Pflug, Alois Pichler
Cover of the book Multiplatform Media in Mexico by Georg Ch. Pflug, Alois Pichler
Cover of the book Migration, Women and Social Development by Georg Ch. Pflug, Alois Pichler
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy