Stochastic Methods in Economics and Finance

Language: English

Published by Elsevier BV, 1988

0444862013 / 9780444862013

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nach der Bestellung gedruckt Neuware - Printed after ordering - 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, Itô'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 economic theory and finance is illustrated with numerous applications. The applications covered include: futures, pricing, job search, stochastic capital theory, stochastic economic growth, the rational expectations hypothesis, a stochastic macroeconomic model, competitive firm under price uncertainty, the Black-Scholes option pricing theory, optimum consumption and portfolio rules, demand for index bonds, term structure of interest rates, the market risk adjustment in project valuation, demand for cash balances and an asset pricing model.…

Seller Inventory # 9780444862013

Title
Stochastic Methods in Economics and Finance
Author
Haltiwanger
Publisher
Elsevier BV
Publication year
1988
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0444862013
ISBN 13
9780444862013
Item weight
630 grams
Dimensions
234x156x21 mm

AHA-BUCH GmbH

Einbeck, Germany

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AbeBooks seller since August 14, 2006

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