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Paperback Continuous-Time Markov Chains and Applications: A Two-Time-Scale Approach Book
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ISBN: 1489991182

ISBN13: 9781489991188

Continuous-Time Markov Chains and Applications: A Two-Time-Scale Approach

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Book Overview

This book gives a systematic treatment of singularly perturbed systems that naturally arise in control and optimization, queueing networks, manufacturing systems, and financial engineering. It presents results on asymptotic expansions of solutions of Komogorov forward and backward equations, properties of functional occupation measures, exponential upper bounds, and functional limit results for Markov chains with weak and strong interactions. To bridge...

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Business Business & Investing Economics Math Mathematics Science & Math

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