[PDF.55ra] Dynamic Stochastic Optimization (Lecture Notes in Economics and Mathematical Systems)

Dynamic Stochastic Optimization (Lecture Notes in Economics and Mathematical Systems)

[PDF.kb89] Dynamic Stochastic Optimization (Lecture Notes in Economics and Mathematical Systems)

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 | #7605913 in Books |  2013-10-04 | Original language:English | PDF # 1 |  9.25 x.79 x6.10l,1.07 | File type: PDF | 336 pages

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Uncertainties and changes are pervasive characteristics of modern systems involving interactions between humans, economics, nature and technology. These systems are often too complex to allow for precise evaluations and, as a result, the lack of proper management (control) may create significant risks. In order to develop robust strategies we need approaches which explic­ itly deal with uncertainties, risks and changing conditions. One rather general approach is to c...

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