{"product_id":"dynamic-priority-allocation-in-restless-bandit-models-von-peter-jacko","title":"Dynamic Priority Allocation in Restless Bandit Models","description":"\u003cp\u003eConsider a collection of competitors with resource  capacity demands that in aggregate are, at least at  some time instants, beyond the available resource  capacity. Suppose that to each competitor we can  assign a value, independent of other competitors,  that measures the efficiency of attaining a joint  goal if a particular amount of resource capacity is  allocated to her at a given moment. We are  interested in designing and evaluating rules based  on these values and the resource capacity demands  which accomplish the goal of good resource capacity  allocation, whatever \"good\" may mean. This book  presents such a solution to three complex  stochastic and dynamic resource allocation problems  and describes a unified methodology for designing  such rules. Such rules are important in practice,  since they provide an easy-to-interpret and  easy-to-implement solution to problems that are  intractable for optimal solution due to the curse  of dimensionality or they embody an elegant  optimal solution in some problems with simpler  structure. The book will be useful for  practitioners and researchers in operations  research, management, telecommunications, etc.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838329949\"\u003e\u003ch3\u003eDesigning simple and well-performing rules for  dynamic and stochastic resource allocation problems\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838329949","offer_id":39469197983837,"sku":"9783838329949","price":68.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/cd591170-3191-4530-bb81-ac627fa3fab3.jpg?v=1774936089","url":"https:\/\/shop.autorenwelt.de\/products\/dynamic-priority-allocation-in-restless-bandit-models-von-peter-jacko","provider":"Autorenwelt Shop","version":"1.0","type":"link"}