This book presents recent findings and results concerning the solutions of especially finite state-space Markov decision problems and determining Nash equilibria for related stochastic games with average and total expected discounted reward payoffs. In addition, it focuses on a new class of...

What is Optimal Control Theory? -- The Maximum Principle: Continuous Time -- The Maximum Principle: Mixed Inequality Constraints -- The Maximum Principle: General Inequality Constraints -- Applications to Finance -- Applications to Production and Inventory -- Applications to Marketing -- The...

This edited volume contains 16 research articles. It presents recent and pressing issues in stochastic processes, control theory, differential games, optimization, and their applications in finance, manufacturing, queueing networks, and climate control. One of the salient features is that the...

Solutions for Chapter 1 -- Solutions for Chapter 2 -- Solutions for Chapter 3 -- Solutions for Chapter 4 -- Solutions for Chapter 5 -- Solutions for Chapter 6 -- Solutions for Chapter 7 -- Solutions for Chapter 8 -- Solutions for Chapter 9 -- Solutions for Chapter 10 -- Solutions for Chapter 11...

Applications of the Fredholm Alternative to Controllability of Functional Differential Equations -- Convergence of Projection Series for Functional Differential Equations with Applications to Control Theory -- The Candide Model -- Optimal Control Theory and Renewable Resource Management --...