Josef Anton Strini analyzes a special stochastic optimal control problem. The problem under study arose from a dynamic cash management model in finance, where decisions about the dividend and financing policies of a firm have to be made. Additionally, using the dynamic programming approach, he...

Decarbonization through optimized energy flows. In this book you will learn how a significant reduction in climate changing greenhouse gas emissions can be achieved through systemic optimization of our energy systems. The authors clearly demonstrate how energy-intensive processes can be...