Optimal Stopping : American Option, Secretary Problem, Bellman Equation, Dynamic Programming, Stopping Rule, Search Theory

Language: English

Published by Omniscriptum, 2010

6130500130 / 9786130500139

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nach der Bestellung gedruckt Neuware - Printed after ordering - High Quality Content by WIKIPEDIA articles! The theory of optimal stopping is concerned with the problem of choosing a time to take a particular action, in order to maximise an expected reward or minimise an expected cost. Optimal stopping problems can be found in areas of statistics, economics, and mathematical finance (related to the pricing of American options). A key example of an optimal stopping problem is the secretary problem. Optimal stopping problems can often be written in the form of a Bellman equation, and are therefore often solved using dynamic programming.

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Title
Optimal Stopping : American Option, Secretary Problem, Bellman Equation, Dynamic Programming, Stopping Rule, Search Theory
Author
Lambert M. Surhone
Publisher
Omniscriptum
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
6130500130
ISBN 13
9786130500139
Item weight
173 grams
Dimensions
220x150x7 mm

AHA-BUCH GmbH

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