This treatment of extreme value theory is unique in book literature in that it focuses on some beautiful theoretical results along with applications. All the main topics covering the heart of the subject are introduced to the reader in a systematic fashion so that in the final chapter even the most recent developments in the theory can be understood.

Key to the presentation is the concentration on the probabilistic and statistical aspects of extreme values without major emphasis on such related topics as regular variation, point processes, empirical distribution functions,...

This treatment of extreme value theory is unique in book literature in that it focuses on some beautiful theoretical results along with application...

This comprehensive text gives an interesting and useful blend of the mathematical, probabilistic and statistical tools used in heavy-tail analysis. It is uniquely devoted to heavy-tails and emphasizes both probability modeling and statistical methods for fitting models.

Prerequisites for the reader include a prior course in stochastic processes and probability, some statistical background, some familiarity with time series analysis, and ability to use a statistics package. This work will serve second-year graduate students and researchers in the areas of applied mathematics,...

This comprehensive text gives an interesting and useful blend of the mathematical, probabilistic and statistical tools used in heavy-tail analysis....

Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile material, Federal Reserve banks, or even your own household. This textbook examines basic mathematical techniques used to sufficiently manage inventories by using various computational methods and mathematical models.

The text is presented in a way such that each section can be read independently, and so the order in which the reader approaches the book can be inconsequential. It contains both deterministic and stochastic models along with...

Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile materi...

This textbook provides a comprehensive modeling, reformulation and optimization approach for solving production planning and supply chain planning problems, covering topics from a basic introduction to planning systems, mixed integer programming (MIP) models and algorithms through the advanced description of mathematical results in polyhedral combinatorics required to solve these problems.

Based on twenty years worth of research in which the authors have played a significant role, the book addresses real life industrial production planning problems (involving complex production...

This textbook provides a comprehensive modeling, reformulation and optimization approach for solving production planning and supply chain planning ...

Optimization is everywhere. It is human nature to seek the best option among all that are available. Nature, too, seems to be guided by optimizationmany laws of nature have a variational character. Among geometric gures in the plane with a xed perimeter, the circle has the greatest area. Such isoperim- ric problems involving geometric gures date back to ancient Greece. Fermat's principle, discovered in 1629, stating that the tangent line is horizontal at a minimum point, seems to have in uenced the development of calculus. The proofs of Rolle's theorem and the mean value theorem in calculus...

Optimization is everywhere. It is human nature to seek the best option among all that are available. Nature, too, seems to be guided by optimizationma...

Extremes Values, Regular Variation and Point Processes is a readable and efficient account of the fundamental mathematical and stochastic process techniques needed to study the behavior of extreme values of phenomena based on independent and identically distributed random variables and vectors. It presents a coherent treatment of the distributional and sample path fundamental properties of extremes and records. It emphasizes the core primacy of three topics necessary for understanding extremes: the analytical theory of regularly varying functions; the probabilistic theory of point...

Extremes Values, Regular Variation and Point Processes is a readable and efficient account of the fundamental mathematical and stochastic process t...

Classical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural to consider random walks evaluated after a random number of steps. Examples are sequential analysis, queuing theory, storage and inventory theory, insurance risk theory, reliability theory, and the theory of contours. Stopped Random Walks: Limit Theorems and Applications shows how this theory can be used to prove limit theorems for renewal counting processes, first passage time processes, and certain two-dimenstional random walks, and to how...

Classical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural t...

Integer programming (IP) is a fascinating topic. Indeed, while linear programming (LP), its c- tinuous analogue, is well understood and extremely ef?cient LP software packages exist, solving an integer program can remain a formidable challenge, even for some small size problems. For instance, the following small (5-variable) IP problem (called the unbounded knapsack problem) min{213x?1928x?11111x?2345x +9123x} 1 2 3 4 5 s.t. 12223x +12224x +36674x +61119x +85569x = 89643482, 1 2 3 4 5 x, x, x, x, x?N, 1 2 3 4 5 taken from a list of dif?cult knapsack problems in Aardal and Lenstra 2], is not...

Integer programming (IP) is a fascinating topic. Indeed, while linear programming (LP), its c- tinuous analogue, is well understood and extremely ef?c...

This treatment of extreme value theory is unique in book literature in that it focuses on some beautiful theoretical results along with applications. All the main topics covering the heart of the subject are introduced to the reader in a systematic fashion so that in the final chapter even the most recent developments in the theory can be understood.

Key to the presentation is the concentration on the probabilistic and statistical aspects of extreme values without major emphasis on such related topics as regular variation, point processes, empirical distribution functions,...

This treatment of extreme value theory is unique in book literature in that it focuses on some beautiful theoretical results along with application...

Stochastic differential games represent one of the most complex forms of decision making under uncertainty. In particular, interactions between strategic behaviors, dynamic evolution and stochastic elements have to be considered simultaneously. The complexity of stochastic differential games generally leads to great difficulties in the derivation of solutions. Cooperative games hold out the promise of more socially optimal and group efficient solutions to problems involving strategic actions. Despite urgent calls for national and international cooperation, the absence of formal solutions...

Stochastic differential games represent one of the most complex forms of decision making under uncertainty. In particular, interactions between str...