Isbn: 9783031741210 - variational inequalities in management science and finance: modelling, analysis, numerics and applications (euro advanced tutorials on operational research) (2 Ergebnisse)

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book provides a rigorous introduction to the theory, computation, and applications of variational inequalities (VIs), with a focus on applications in management science and finance. It aims to bridge the gap between the abstract mathematical treatments of the subject and simplistic, non-rigorous approaches often used in financial economics or managerial literature.Building on fundamental examples of concrete applications drawn from management science and finance, the book gradually develops the connection between optimal stopping problems and variational inequalities. It provides precise results on their derivation, solution properties, and their use to derive optimal policies in general frameworks of stochastic factors driving the state processes. Emphasis is also placed on the numerical treatment and approximation of VIs. All technical results are illustrated in detail for the characteristic problems presented at the beginning as motivating examples. It also offers a brief introduction to more advanced topics, including VIs for multi-scale problems and VIs related to optimal stopping problems under model uncertainty.This book will be of interest to graduate students and researchers who wishfor a quick, yet thorough introduction to the field. Practitionerswho want to familiarise themselves with applications of VIs in management science and finance will also find this book useful.…

Taschenbuch. Zustand: Neu. Variational Inequalities in Management Science and Finance | Modelling, Analysis, Numerics and Applications | Andrianos E. Tsekrekos (u. a.) | Taschenbuch | EURO Advanced Tutorials on Operational Research | xiii | Englisch | 2025 | Springer | EAN 9783031741210 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.…