Lectures on Stochastic Programming: Modeling and Theory
  • Published Year: 2009
  • Page count: 446
  • File Size: 2 MB
  • Language: English
  • Published by: SIAM-Society for Industrial and Applied Mathematics
  • Visited by: 247
  • Rating/Review: 4.6
  • ISBN: 9780898718751

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Lectures on Stochastic Programming: Modeling and Theory

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Beginner Mathematics English
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Optimization problems involving stochastic models occur in almost all areas of science and engineering, such as telecommunications, medicine, and finance. Their existence compels a need for rigorous ways of formulating, analyzing, and solving such problems. This book focuses on optimization problems involving uncertain parameters and covers the theoretical foundations and recent advances in areas where stochastic models are available. Readers will find coverage of the basic concepts of modeling these problems, including recourse actions and the nonanticipativity principle. The book also includes the theory of two-stage and multistage stochastic programming problems; the current state of the theory on chance (probabilistic) constraints, including the structure of the problems, optimality theory, and duality; and statistical inference in and risk-averse approaches to stochastic programming.

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