Stochastic Methods in Economics and Finance (Volume 17) (Advanced Textbooks in Economics, Volume 17) PlayStation Systems cousin Beau (Roger Moore)

cousin Beau (Roger Moore)

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ISBN13: 9780385425803 ISBN10: 0385425805 Material Type: paperback

Stochastic Methods in Economics and Finance (Volume 17) (Advanced Textbooks in Economics, Volume 17) PlayStation Systems cousin Beau (Roger Moore)Theory and application of a variety of mathematical techniques in economics are presented in this volume. Topics discussed include: martingale methods, stochastic processes, optimal stopping, the modeling of uncertainty using a Wiener process, It's Lemma as a tool of stochastic calculus, and basic facts about stochastic differential equations. The notion of stochastic ability and the methods of stochastic control are discussed, and their use in