Markov Decision Processes in Practice

• Corporate Author: SpringerLink (Online service)
• Other Authors: Boucherie, Richard J. (Editor), van Dijk, Nico M. (Editor)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
• Series: International Series in Operations Research & Management Science, 248
• Subjects: Business.; Operations research.; Decision making.; Management science.; Probabilities.; Business and Management.; Operation Research/Decision Theory.; Operations Research, Management Science.; Probability Theory and Stochastic Processes.

This book presents classical Markov Decision Processes (MDP) for real-life applications and optimization. MDP allows users to develop and formally support approximate and simple decision rules, and this book showcases state-of-the-art applications in which MDP was key to the solution approach. The b...