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008 120606t2012 enk f 001 0 eng d
020 _a9780521768405
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039 9 _a201301181147
_basmadi
_y201206061448
_zsafura
040 _aUMP
090 _aQA274.75 .A73 2012
100 1 _aArapostathis, Ari
245 1 0 _aErgodic control of diffusion processes /
_cAri Arapostathis, Vivek S. Borkar, Mrinal K. Ghosh
260 _aCambridge, UK :
_bCambridge University Press,
_c2012
300 _axvi, 323 p. ;
_c24 cm.
490 1 _aEncyclopedia of mathematics and its applications ;
_v143
504 _aIncludes bibliographical references and indexes
505 0 _aMachine generated contents note: Preface; 1. Introduction; 2. Controlled diffusions; 3. Nondegenerate controlled diffusions; 4. Various topics in nondegenerate diffusions; 5. Controlled switching diffusions; 6. Controlled martingale problems; 7. Degenerate controlled diffusions; 8. Controlled diffusions with partial observations; Appendix; References; Index of symbols; Subject index
520 _a"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"--
_cProvided by publisher
650 0 _aDiffusion processes
650 0 _aErgodic theory
700 1 _aBorkar, Vivek S.
700 1 _aGhosh, Mrinal K.
830 0 _aEncyclopedia of mathematics and its applications ;
_v143
999 _aVIRTUA40
_c63503
_d63509
999 _aVTLSSORT0080*0200*0201*0400*0900*1000*2450*2600*3000*4900*5040*5050*5200*6500*6501*7000*7001*8300*9992