Bøger i OEkonometrie und Unternehmensforschung Econometrics and Operations Research serien

Max-Min problems are two-step allocation problems in which one side must make his move knowing that the other side will then learn what the move is and optimally counter.

A Rand Corporation Research Study

Dynamic Programming is the analysis of multistage decision in the sequential mode. Dynamic Programming is also playing an in creasing role in modem mathematical control theory [BELLMAN, Adap tive Control Processes (1961)].

These models must not be too general, for in that case not only would their theoretical study prove difficult, but above all the adaptation of such models to an observed system would lead to an estimation of a great number of parameters on the basis of a necessarily restricted sample.

In classical analysis, there is a vast difference between the class of problems that may be handled by means of the methods of calculus and the class of problems requiring combinatorial techniques.