Stochastic Models of Control and Economic Dynamics

Released on by Vadim Iosifovich Arkin
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  • Stochastic Models of Control and Economic Dynamics Book Detail

  • Author : Vadim Iosifovich Arkin
  • Release Date : 1987
  • Publisher : London : Academic Press
  • Genre : Business & Economics
  • Pages : 240
  • ISBN 13 :
  • File Size : 88,88 MB
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Stochastic Models of Control and Economic Dynamics by Vadim Iosifovich Arkin PDF Summary

Book Description: 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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