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 Fibrous Proteins: Structures and Mechanisms by Georg Ch. Pflug, Alois Pichler
Cover of the book Predictive Econometrics and Big Data by Georg Ch. Pflug, Alois Pichler
Cover of the book Advanced Solutions in Diagnostics and Fault Tolerant Control by Georg Ch. Pflug, Alois Pichler
Cover of the book Lectures on Complex Integration by Georg Ch. Pflug, Alois Pichler
Cover of the book Problem Behavior Theory and Adolescent Health by Georg Ch. Pflug, Alois Pichler
Cover of the book Ethical Responsiveness and the Politics of Difference by Georg Ch. Pflug, Alois Pichler
Cover of the book Tools for High Performance Computing 2015 by Georg Ch. Pflug, Alois Pichler
Cover of the book Women’s Domestic Activity in the Romantic-Period Novel, 1770-1820 by Georg Ch. Pflug, Alois Pichler
Cover of the book Consent in Pediatric Urology by Georg Ch. Pflug, Alois Pichler
Cover of the book Health Literacy and Child Health Outcomes by Georg Ch. Pflug, Alois Pichler
Cover of the book Computational and Experimental Fluid Mechanics with Applications to Physics, Engineering and the Environment by Georg Ch. Pflug, Alois Pichler
Cover of the book Communicating Climate Change Information for Decision-Making by Georg Ch. Pflug, Alois Pichler
Cover of the book Cryptography and Information Security in the Balkans by Georg Ch. Pflug, Alois Pichler
Cover of the book Universal Access in Human-Computer Interaction. Theory, Methods and Tools by Georg Ch. Pflug, Alois Pichler
Cover of the book Forbidden Football in Ceausescu’s Romania 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