Irreversible Decisions under Uncertainty : Optimal Stopping Made Easy

by Sergei Levendorskii , Svetlana Boyarchenko

Book Details

Format Hardback or Cased Book

Book Series Studies in Economic Theory

ISBN-10 3540737456

ISBN-13 9783540737452

Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K

Country of Manufacture DE

Country of Publication GB

Publication Date Sep 3rd, 2007

Print length 285 Pages

Weight 592 grams

Dimensions 23.60 x 16.50 x 2.30 cms

Product Classification: Economic theory & philosophy Economic theory and philosophy

Ksh 23,400.00

Werezi Extended Catalogue 0 in stock

Delivery Location

County

Location

Delivery fee: Select location

Secure

Quality

Fast

In many cases, a problem which an optimizing agent faces can be formulated or reformulated as a problem of optimal timing of a certain irreversible or partially reversible action or optimal stopping problem.

Here, two highly experienced authors present an alternative approach to optimal stopping problems. The basic ideas and techniques of the approach can be explained much simpler than the standard methods in the literature on optimal stopping problems. The monograph will teach the reader to apply the technique to many problems in economics and finance, including new ones. From the technical point of view, the method can be characterized as option pricing via the Wiener-Hopf factorization.

Get Irreversible Decisions under Uncertainty by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Springer-Verlag Berlin and Heidelberg GmbH & Co. KG and it has pages.

Mind, Body, & Spirit

Mamba Mentality

Sub Total:

Digital Library
Coming Soon

Our digital collection is currently being curated to ensure the best possible reading experience on Werezi. We'll be launching our Ebooks platform shortly.