Stochastic Methods in Economics and Finance

Language: English

Published by Elsevier Science & Technology, North Holland, 1988

0444862013 / 9780444862013

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -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. Englisch.

Seller Inventory # 9780444862013

Title
Stochastic Methods in Economics and Finance
Author
A. G. Malliaris
Publisher
Elsevier Science & Technology, North Holland
Publication year
1988
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0444862013
ISBN 13
9780444862013
Item weight
640 grams
Dimensions
234x156x18 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

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BuchWeltWeit Ludwig Meier e.K.

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