By Alain Bensoussan, Shaokuan Chen, Suresh P. Sethi (auth.), Fouad El Ouardighi, Konstantin Kogan (eds.)
With this ebook, uncommon and awesome individuals desire to honor Professor Charles S. Tapiero’s medical achievements. even though it covers just a couple of of the instructions Professor Tapiero has taken in his paintings, it provides very important smooth advancements in thought and in varied functions, as studied via his colleagues and fans, additional advancing the themes Tapiero has been investigating. The e-book is split into 3 elements that includes unique contributions overlaying the subsequent parts: basic modeling and research; functions to advertising and marketing, economic climate and finance; and functions to operations and manufacturing.
Professor Tapiero is likely one of the such a lot energetic researchers up to speed thought; within the overdue sixties, he began to enthusiastically advertise optimum keep watch over thought in addition to differential video games, effectively employing it to assorted difficulties starting from classical operations study versions to finance, possibility and assurance, advertising, transportation and operations administration, clash administration and video game concept, engineering, nearby and concrete sciences, environmental economics, and organizational habit. through the years, Professor Tapiero has produced over three hundred papers and communications and 14 books, that have had an immense impression on sleek theoretical and utilized examine. amazing between his quite a few pioneering medical contributions are using graph concept within the behavioral sciences, the modeling of advertisements as a random stroll, the solution of stochastic zero-sum differential video games, the modeling of qc as a stochastic aggressive video game, and the advance of impulsive regulate equipment in administration. Charles Tapiero’s creativity applies either in formulating unique matters, modeling advanced phenomena and fixing advanced mathematical problems.
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Additional resources for Models and Methods in Economics and Management Science: Essays in Honor of Charles S. Tapiero
5 we shall present the results of numerical simulations. The chapter is organized as follows. Section 2 discusses the formal solution of via Dynamic Programming and the need for approximate solution Problem stoch N methodologies. Section 3 describes a multidimensional problem of optimal con. Section 4 sumption under uncertainty, modeled as an instance of Problem stoch N stoch investigates the error propagation through the stages of Problem N when suboptimal policies are used. In Sect. 5 the theoretical results are applied to the problem of optimal consumption, for which a numerical analysis is performed.
Wienersche spiralen und einige andere interessante kurven in Hilbertschen Raum. R. ), 26, 115–118. Leong, C. , & Huang, W. (2010). A stochastic differential game of capitalism. Journal of Mathematical Economics, 46, 552. Samko, S. , Kilbas, A. , & Marichev, O. I. (1993). Fractional Integrals and Derivatives. Yverdon: Gordon and Breach. , & Zhou, X. Y. (1999). Stochastic Controls. New York: Springer. Suboptimal Policies for Stochastic N-Stage Optimization: Accuracy Analysis and a Case Study from Optimal Consumption Mauro Gaggero, Giorgio Gnecco and Marcello Sanguineti Abstract Dynamic Programming formally solves stochastic optimization problems with an objective that is additive over a finite number of stages.
2011). On the value of stochastic differential games. Communications Stochastic Analysis, 5, 241–251. Fleming, W. , & Souganidis, P. E. (1989). On the existence of value functions of two player, zero sum stochastic differential games. Indiana Mathematical Journal, 38, 293–314. Linear-Quadratic Stochastic Differential Games with General Noise Processes 25 Hurst, H. E. (1951). Long-term storage capacity in reservoirs. Transactions of American Society of Civil Engineering, 116, 770–808. Isaacs, R.
Models and Methods in Economics and Management Science: Essays in Honor of Charles S. Tapiero by Alain Bensoussan, Shaokuan Chen, Suresh P. Sethi (auth.), Fouad El Ouardighi, Konstantin Kogan (eds.)