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Applied Stochastic Models and Control for Finance and Insurance
Charles S. Tapiero
€ 194.65
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Description for Applied Stochastic Models and Control for Finance and Insurance
Paperback. Num Pages: 341 pages, biography. BIC Classification: KFF; KFFN; PBF; PBW. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 18. Weight in Grams: 545.
Applied Stochastic Models and Control for Finance and Insurance presents at an introductory level some essential stochastic models applied in economics, finance and insurance. Markov chains, random walks, stochastic differential equations and other stochastic processes are used throughout the book and systematically applied to economic and financial applications. In addition, a dynamic programming framework is used to deal with some basic optimization problems.
The book begins by introducing problems of economics, finance and insurance which involve time, uncertainty and risk. A number of cases are treated in detail, ... Read more
Applied Stochastic Models and Control for Finance and Insurance presents at an introductory level some essential stochastic models applied in economics, finance and insurance. Markov chains, random walks, stochastic differential equations and other stochastic processes are used throughout the book and systematically applied to economic and financial applications. In addition, a dynamic programming framework is used to deal with some basic optimization problems.
The book begins by introducing problems of economics, finance and insurance which involve time, uncertainty and risk. A number of cases are treated in detail, ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer-Verlag New York Inc. United States
Number of pages
341
Condition
New
Number of Pages
341
Place of Publication
New York, NY, United States
ISBN
9781461376699
SKU
V9781461376699
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for Applied Stochastic Models and Control for Finance and Insurance
`I found the book interesting for its many explanations, examples of different models, and concrete recommendations for control and management. It will be useful to students and also practitioners.' Short Book Reviews, 19:2 (1999)