{"title":"Ari Arapostathis","description":null,"products":[{"product_id":"ergodic-control-of-diffusion-processes-book-ari-arapostathis-9780521768405","title":"Ergodic Control of Diffusion Processes","description":"This comprehensive volume on ergodic control for diffusions highlights intuition alongside technical arguments. A concise account of Markov process theory is followed by a complete development of the fundamental issues and formalisms in control of diffusions. This then leads to a comprehensive treatment of ergodic control, a problem that straddles stochastic control and the ergodic theory of Markov processes. The interplay between the probabilistic and ergodic-theoretic aspects of the problem, notably the asymptotics of empirical measures on one hand, and the analytic aspects leading to a characterization of optimality via the associated Hamilton-Jacobi-Bellman equation on the other, is clearly revealed. The more abstract controlled martingale problem is also presented, in addition to many other related issues and models. Assuming only graduate-level probability and analysis, the authors develop the theory in a manner that makes it accessible to users in applied mathematics, engineering, finance and operations research.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52648086241553,"sku":"NLS9780521768405","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521768405.jpg?v=1762041162"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-ari-arapostathis.oembed","provider":"World of Books ","version":"1.0","type":"link"}