{"product_id":"ergodic-control-of-diffusion-processes-9780521768405","title":"Ergodic Control of Diffusion Processes","description":"This comprehensive volume on ergodic control for diffusions highlights intuition alongside technical arguments. A concise account of Markov process theory is followed by a complete development of the fundamental issues and formalisms in control of diffusions. This then leads to a comprehensive treatment of ergodic control, a problem that straddles stochastic control and the ergodic theory of Markov processes. The interplay between the probabilistic and ergodic-theoretic aspects of the problem, notably the asymptotics of empirical measures on one hand, and the analytic aspects leading to a characterization of optimality via the associated Hamilton-Jacobi-Bellman equation on the other, is clearly revealed. The more abstract controlled martingale problem is also presented, in addition to many other related issues and models. Assuming only graduate-level probability and analysis, the authors develop the theory in a manner that makes it accessible to users in applied mathematics, engineering, finance and operations research.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Ari Arapostathis, Vivek S. Borkar, Mrinal K. Ghosh\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/30\/2011\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 340\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.45lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.20w x 0.90d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780521768405\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003ci\u003eArapostathis, Ari:\u003c\/i\u003e\u003c\/b\u003e - Ari Arapostathis is a Professor in the Department of Electrical and Computer Engineering at the University of Texas, Austin.\u003cb\u003e\u003ci\u003eBorkar, Vivek S.:\u003c\/i\u003e\u003c\/b\u003e - Vivek S. Borkar is a Senior Professor in the School of Technology and Computer Science at the Tata Institute of Fundamental Research in Mumbai.\u003cb\u003e\u003ci\u003eGhosh, Mrinal K.:\u003c\/i\u003e\u003c\/b\u003e - Mrinal K. Ghosh is a Professor in the Department of Mathematics at the Indian Institute of Science in Bangalore.\u003c\/p\u003e","brand":"Cambridge University Press","offers":[{"title":"Hardcover","offer_id":40047177039987,"sku":"9.78E+12","price":101.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_baa2dded-97a3-4513-8166-de30191e0090.jpg?v=1651101641","url":"https:\/\/bookstorenmore.com\/en-de\/products\/ergodic-control-of-diffusion-processes-9780521768405","provider":"Bookstore N More","version":"1.0","type":"link"}