{"product_id":"markov-decision-processes-with-applications-to-finance-universitext","title":"Markov Decision Processes with Applications to Finance (Universitext)","description":"\u003ch3\u003e\u003cstrong\u003eBook Details\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e Springer\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Ulrich Rieder\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eLanguage:\u003c\/strong\u003e English\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eEdition:\u003c\/strong\u003e 1st Edition\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 9783642183232\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003ePages:\u003c\/strong\u003e 388\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eCover:\u003c\/strong\u003e Paperback\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eDimensions:\u003c\/strong\u003e 9.0 x 6.1 x 0.9 inches\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cstrong\u003eAbout The Book\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cem\u003eMarkov Decision Processes: Discrete Stochastic Dynamic Programming\u003c\/em\u003e by Ulrich Rieder provides a comprehensive exploration of the theory and application of Markov decision processes (MDPs). The book focuses on controlled Markov chains in discrete time, offering a detailed treatment for both finite and infinite state and action spaces, and showcasing various applications in finance and operations research.\u003c\/p\u003e\n\u003cp\u003eThe author employs a structural approach to avoid unnecessary technicalities, particularly those involving measure theory, making the complex concepts more accessible. The book covers a broad range of topics, including finite and infinite horizons, partially observable MDPs, piecewise deterministic MDPs, and stopping problems, with numerous examples to illustrate these theories in action.\u003c\/p\u003e\n\u003cp\u003eThis text is ideal for upper-level undergraduates, Master's students, and researchers interested in applied probability, finance, and decision-making processes. It also includes exercises (without solutions) that provide valuable practice in applying the theories discussed.\u003c\/p\u003e","brand":"Springer-Verlag","offers":[{"title":"Default Title","offer_id":49919417647408,"sku":"Sarat_9783642183232","price":5040.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0690\/9968\/4144\/files\/springer-verlag-book-default-title-markov-decision-processes-with-applications-to-finance-universitext-41227906056496.jpg?v=1775946926","url":"https:\/\/www.retailmaharaj.com\/products\/markov-decision-processes-with-applications-to-finance-universitext","provider":"Retail Maharaj","version":"1.0","type":"link"}