Lecture

Dynamic Programming: Optimal Decision Making

Description

This lecture covers dynamic programming applied to decision-making problems, focusing on maximizing expected profit over time. The instructor explains the concept using examples of oil extraction and stock trading, emphasizing the importance of optimizing decisions based on future uncertainties.

Official source

https://mediaspace.epfl.ch/media/0_8b2wq1wj

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Ontological neighbourhood

Mathematics

Mathematical logic: Set theory

Business

Finance: Investment management

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