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Hardcover Probabilistic Constrained Optimization: Methodology and Applications Book

ISBN: 0792366441

ISBN13: 9780792366447

Probabilistic Constrained Optimization: Methodology and Applications

Probabilistic and percentile/quantile functions play an important role in several applications, such as finance (Value-at-Risk), nuclear safety, and the environment. Recently, significant advances have been made in sensitivity analysis and optimization of probabilistic functions, which is the basis for construction of new efficient approaches. This book presents the state of the art in the theory of optimization of probabilistic functions and several engineering and finance applications, including material flow systems, production planning, Value-at-Risk, asset and liability management, and optimal trading strategies for financial derivatives (options).
Audience: The book is a valuable source of information for faculty, students, researchers, and practitioners in financial engineering, operation research, optimization, computer science, and related areas.

Recommended

Format: Hardcover

Condition: New

$26.95
50 Available
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Customer Reviews

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Rated 5 stars
Beautifully Written and an Excellent Reference

I bought this book as a supplement to a summer course in Discrete Math, and since this was my first ever exposure to mathematical proof and dialog, I first thought this book mostly alien, with occaisional sections of brevity; it did help me fill in some gaps left behind in Rosen's book, especially on some basic proofs dealing with integers and with combinatorial reasoning--something this book is REALLY good at... I'm in my...

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Rated 5 stars
ideal for self study

Excellent book, carefully chosen examples, ideal for self study. I like it very much. My advice is not to skip any section or solved examples or you might be lost.

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Rated 5 stars
#1 discrete math book

The book is very well-written, clear and precise. I have read a couple of other books for discrete math courses, but found nothing exciting there; mostly frustrating errors, bad examples and confusion. Grimaldi's book covers pretty much everything you need to understand and apply in Discrete Mathematics. The exercises are well designed, in increasing difficulty. For most of the exercises, one can find similar examples in...

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Rated 5 stars
Excellent introductory discrete math text

Grimaldi has produced a wonderful book. All the important topics in discrete math are explored, with many applications to computer science, the main client field of discrete math. The text is well balanced between theory and application. Especially nice is the introduction to modern algebra, with applications to coding theory. I highly recommend this text to anyone wishing to explore discrete mathematics. A good understanding...

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Rated 5 stars
Excellent book for an introduction to Advanced Algebra

Plenty of excercises and answers. Very well explained; this book is a must for those who want to learn combinatorics, elementary graph theory, and many other extremely useful topics.

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