How Long to Read Discrete-Time Markov Control Processes

How Long Does it Take to Read Discrete-Time Markov Control Processes?

It takes the average reader 3 hours and 45 minutes to read Discrete-Time Markov Control Processes by Onesimo Hernandez-Lerma

Assuming a reading speed of 250 words per minute. Learn more

Description

This book presents the first part of a planned two-volume series devoted to a systematic exposition of some recent developments in the theory of discrete-time Markov control processes (MCPs). Interest is mainly confined to MCPs with Borel state and control (or action) spaces, and possibly unbounded costs and noncompact control constraint sets. MCPs are a class of stochastic control problems, also known as Markov decision processes, controlled Markov processes, or stochastic dynamic pro grams; sometimes, particularly when the state space is a countable set, they are also called Markov decision (or controlled Markov) chains. Regardless of the name used, MCPs appear in many fields, for example, engineering, economics, operations research, statistics, renewable and nonrenewable re source management, (control of) epidemics, etc. However, most of the lit erature (say, at least 90%) is concentrated on MCPs for which (a) the state space is a countable set, and/or (b) the costs-per-stage are bounded, and/or (c) the control constraint sets are compact. But curiously enough, the most widely used control model in engineering and economics--namely the LQ (Linear system/Quadratic cost) model-satisfies none of these conditions. Moreover, when dealing with "partially observable" systems) a standard approach is to transform them into equivalent "completely observable" sys tems in a larger state space (in fact, a space of probability measures), which is uncountable even if the original state process is finite-valued.

How long is Discrete-Time Markov Control Processes?

Discrete-Time Markov Control Processes by Onesimo Hernandez-Lerma is 223 pages long, and a total of 56,419 words.

This makes it 75% the length of the average book. It also has 69% more words than the average book.

How Long Does it Take to Read Discrete-Time Markov Control Processes Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 8 minutes to read Discrete-Time Markov Control Processes aloud.

What Reading Level is Discrete-Time Markov Control Processes?

Discrete-Time Markov Control Processes is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Discrete-Time Markov Control Processes?

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