Stochastic Optimization in Continuous Time 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Chang, Fwu-Ranq 作者

譯者

2009-10 出版日期

348 頁數

$ 56.50 價格

叢書系列

9780521541947 圖書編碼

Stochastic Optimization in Continuous Time 在線電子書圖書標籤: Math 金融數學

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發表於2024-11-23

Stochastic Optimization in Continuous Time 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

Stochastic Optimization in Continuous Time 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

Stochastic Optimization in Continuous Time 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Stochastic Optimization in Continuous Time 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

Stochastic Optimization in Continuous Time 在線電子書圖書描述

First published in 2004, this is a rigorous but user-friendly book on the application of stochastic control theory to economics. A distinctive feature of the book is that mathematical concepts are introduced in a language and terminology familiar to graduate students of economics. The standard topics of many mathematics, economics and finance books are illustrated with real examples documented in the economic literature. Moreover, the book emphasises the dos and don'ts of stochastic calculus, cautioning the reader that certain results and intuitions cherished by many economists do not extend to stochastic models. A special chapter (Chapter 5) is devoted to exploring various methods of finding a closed-form representation of the value function of a stochastic control problem, which is essential for ascertaining the optimal policy functions. The book also includes many practice exercises for the reader. Notes and suggested readings are provided at the end of each chapter for more references and possible extensions.

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