9780521541947 - Stochastic Optimization in Continuous Time von Chang, Fwu (5 Ergebnisse)

Broschiert. Zustand: Gut. Auflage: Reissue. 326 Seiten Der Erhaltungszustand des hier angebotenen Werks ist trotz seiner Bibliotheksnutzung sehr sauber und kann entsprechende Merkmale aufweisen (Rückenschild, Instituts-Stempel.). In ENGLISCHER Sprache. Sprache: Englisch Gewicht in Gramm: 575.

Zustand: New. In.

Paperback. Zustand: Brand New. 1st edition. 348 pages. 8.75x6.00x0.75 inches. In Stock.

Zustand: New. This is an introduction to stochastic control theory with applications to economics, first published in 2004. Num Pages: 348 pages, black & white illustrations. BIC Classification: KCH; PB. Category: (P) Professional & Vocational. Dimension: 230 x 155 x 22. Weight in Grams: 552. . 2009. Reissue. paperback. . . . . Books ship from the US and Ireland.

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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.