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Title:
Stochastic models of control and economic dynamics
Personal Author:
Series:
Economic theory, econometrics and mathematical economics
Publication Information:
London : Academic Pr., 1987
ISBN:
9780120620807
Added Author:
Available:*
Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
---|---|---|---|---|---|
Searching... | 30000000584213 | HB141 A74 1987 | Open Access Book | Book | Searching... |
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Summary
Summary
This book is devoted to a specific problem in the general theory of automatic control -- sequential control under conditions of incomplete information. The main results concern the case in which at each moment of (continuous) time only a finite number of controls are admissible and the results of control action are represented by realizations of random variables whose distributions at a given control correspond to one of several alternative hypotheses. The analysis is conducted in a Bayesian framework.