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About Controlled Diffusion Processes
This book deals with the optimal control of solutions of fully observable Itô-type stochastic differential equations. The validity of the Bellman differential equation for payoff functions is proved and rules for optimal control strategies are developed. Topics include optimal stopping; one dimensional controlled diffusion; the Lp-estimates of stochastic integral distributions; the existence theorem for stochastic equations; the Itô formula for functions; and the Bellman principle, equation, and normalized equation.
Detailed Information
| Author: | Nikolai Vladimirovich Krylov, A.B. Aries |
|---|---|
| Publication Year: | 2008 |
| ISBN: | 9783540709138 |
| Pages: | 314 |
| Language: | English |
| File Size: | 13.505 |
| Format: | |
| Price: | FREE |
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