On Stochastic Optimization Problems and an Application in Finance

-15% su kodu: ENG15
71,98 
Įprasta kaina: 84,68 
-15% su kodu: ENG15
Kupono kodas: ENG15
Akcija baigiasi: 2025-03-03
-15% su kodu: ENG15
71,98 
Įprasta kaina: 84,68 
-15% su kodu: ENG15
Kupono kodas: ENG15
Akcija baigiasi: 2025-03-03
-15% su kodu: ENG15
2025-02-28 84.6800 InStock
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Knygos aprašymas

Josef Anton Strini analyzes a special stochastic optimal control problem. The problem under study arose from a dynamic cash management model in finance, where decisions about the dividend and financing policies of a firm have to be made. Additionally, using the dynamic programming approach, he extends the present discourse by the formal derivation of the Hamilton-Jacobi-Bellman equation and by examining the verification step carefully. Finally, the treatment is completed by solving the problem numerically.

Informacija

Autorius: Josef Anton Strini
Serija: BestMasters
Leidėjas: Springer Fachmedien Wiesbaden
Išleidimo metai: 2019
Knygos puslapių skaičius: 116
ISBN-10: 3658256907
ISBN-13: 9783658256906
Formatas: 210 x 148 x 7 mm. Knyga minkštu viršeliu
Kalba: Anglų

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