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Random Dynamical Systems
Taschenbuch von Rabi Bhattacharya (u. a.)
Sprache: Englisch

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Beschreibung
This treatment provides an exposition of discrete time dynamic processes evolving over an infinite horizon. Chapter 1 reviews some mathematical results from the theory of deterministic dynamical systems, with particular emphasis on applications to economics. The theory of irreducible Markov processes, especially Markov chains, is surveyed in Chapter 2. Equilibrium and long run stability of a dynamical system in which the law of motion is subject to random perturbations is the central theme of Chapters 3-5. A unified account of relatively recent results, exploiting splitting and contractions, that have found applications in many contexts is presented in detail. Chapter 6 explains how a random dynamical system may emerge from a class of dynamic programming problems. With examples and exercises, readers are guided from basic theory to the frontier of applied mathematical research.
This treatment provides an exposition of discrete time dynamic processes evolving over an infinite horizon. Chapter 1 reviews some mathematical results from the theory of deterministic dynamical systems, with particular emphasis on applications to economics. The theory of irreducible Markov processes, especially Markov chains, is surveyed in Chapter 2. Equilibrium and long run stability of a dynamical system in which the law of motion is subject to random perturbations is the central theme of Chapters 3-5. A unified account of relatively recent results, exploiting splitting and contractions, that have found applications in many contexts is presented in detail. Chapter 6 explains how a random dynamical system may emerge from a class of dynamic programming problems. With examples and exercises, readers are guided from basic theory to the frontier of applied mathematical research.
Über den Autor
Rabi Bhattacharya is Professor of Mathematics at the University of Arizona. He has also taught at the University of California at Berkeley and Indiana University. Professor Bhattacharya has held visiting research professorships at the University of Goetttingen, the University of Bielefeld, and the Indian Statistical Institute. He is a recipient of a Guggenheim Fellowship and an Alexander Von Humboldt Forschungspreis. He is a Fellow of the Institute of Mathematical Statistics and has served on the editorial boards of a number of international journals, including the Annals of Probability, Annals of Applied Probability, Journal of Multivariate Analysis, and Statistica Sinica. He has co-authored Normal Approximations and Asymptotic Expansions (with R. Ranga Rao), Stochastic Processes with Applications (with E. C. Waymire), and Asymptotic Statistics (with M. Denker).
Zusammenfassung
Covers a range of topics related to the relatively recent literature on the theory and applications of dynamical systems subject to random shocks. It can serve as the basic text for courses on dynamic economics or stochastic processes, and is a valuable tool for further exploration. Through numerous examples and exercises drawn from economics and other disciplines, it attempts to guide the readers from basic theory to the frontier of applied mathematical research.
Inhaltsverzeichnis
1. Dynamical systems; 2. Markov processes; 3. Random dynamical systems; 4. Random dynamical systems: special structures; 5. Invariant distributions: estimations and computation; 6. Discounted dynamic programming under uncertainty; 7. Appendix.
Details
Erscheinungsjahr: 2007
Fachbereich: Allgemeines
Genre: Importe, Mathematik
Rubrik: Naturwissenschaften & Technik
Medium: Taschenbuch
ISBN-13: 9780521532723
ISBN-10: 0521532728
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Bhattacharya, Rabi
Majumdar, Mukul
Hersteller: Cambridge University Press
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 229 x 152 x 26 mm
Von/Mit: Rabi Bhattacharya (u. a.)
Erscheinungsdatum: 29.03.2007
Gewicht: 0,689 kg
Artikel-ID: 130967156
Über den Autor
Rabi Bhattacharya is Professor of Mathematics at the University of Arizona. He has also taught at the University of California at Berkeley and Indiana University. Professor Bhattacharya has held visiting research professorships at the University of Goetttingen, the University of Bielefeld, and the Indian Statistical Institute. He is a recipient of a Guggenheim Fellowship and an Alexander Von Humboldt Forschungspreis. He is a Fellow of the Institute of Mathematical Statistics and has served on the editorial boards of a number of international journals, including the Annals of Probability, Annals of Applied Probability, Journal of Multivariate Analysis, and Statistica Sinica. He has co-authored Normal Approximations and Asymptotic Expansions (with R. Ranga Rao), Stochastic Processes with Applications (with E. C. Waymire), and Asymptotic Statistics (with M. Denker).
Zusammenfassung
Covers a range of topics related to the relatively recent literature on the theory and applications of dynamical systems subject to random shocks. It can serve as the basic text for courses on dynamic economics or stochastic processes, and is a valuable tool for further exploration. Through numerous examples and exercises drawn from economics and other disciplines, it attempts to guide the readers from basic theory to the frontier of applied mathematical research.
Inhaltsverzeichnis
1. Dynamical systems; 2. Markov processes; 3. Random dynamical systems; 4. Random dynamical systems: special structures; 5. Invariant distributions: estimations and computation; 6. Discounted dynamic programming under uncertainty; 7. Appendix.
Details
Erscheinungsjahr: 2007
Fachbereich: Allgemeines
Genre: Importe, Mathematik
Rubrik: Naturwissenschaften & Technik
Medium: Taschenbuch
ISBN-13: 9780521532723
ISBN-10: 0521532728
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Bhattacharya, Rabi
Majumdar, Mukul
Hersteller: Cambridge University Press
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 229 x 152 x 26 mm
Von/Mit: Rabi Bhattacharya (u. a.)
Erscheinungsdatum: 29.03.2007
Gewicht: 0,689 kg
Artikel-ID: 130967156
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