Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Applied Stochastic Models and Control for Finance and Insurance

Applied Stochastic Models and Control for Finance and Insurance

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780792381488
Condition
New
Product Description

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, spanning risk management, volatility, memory, the time structure of preferences, interest rates and yields, etc. The second and third chapters provide an introduction to stochastic models and their application. Stochastic differential equations and stochastic calculus are presented in an intuitive manner, and numerous applications and exercises are used to facilitate their understanding and their use in Chapter 3. A number of other processes which are increasingly used in finance and insurance are introduced in Chapter 4. In the fifth chapter, ARCH and GARCH models are presented and their application to modeling volatility is emphasized. An outline of decision-making procedures is presented in Chapter 6. Furthermore, we also introduce the essentials of stochastic dynamic programming and control, and provide first steps for the student who seeks to apply these techniques. Finally, in Chapter 7, numerical techniques and approximations to stochastic processes are examined. This book can be used in business, economics, financial engineering and decision sciences schools for second year Master's students, as well as in a number of courses widely given in departments of statistics, systems and decision sciences.

Available Colors
Available Sizes
1 Offer Price Range: $129.00 - $129.00
BEST PRICE

Single Product Purchase

$129.00
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$129.00 $129.00

$129.00
See Site In stock Visit Store

Similar Products

Competitiveness Creation and Maintenance in the Postal Services Industry

$109.99

Personalverwaltung

$59.99

Distributed Computer and Communication Networks: Control, Computation, Communications

$89.99

Osnowy informatiki

$59.99

Hello, Hedgehog! #3: Who Needs A Checkup?

$23.99

Design of CMOS Analog Integrated Fractional-Order Circuits

$39.99

Mit Branding an die Spitze!

$39.99

The Brothers Grimm

$59.99

Pro SQL Server Internals

$69.99

War and Social Welfare

$54.99

Celebrating the International Year of Mineralogy

$159.99

A Natural Language Interface for Computer-Aided Design

$84.99

Rare Diseases in the Age of Health 2.0

$109.99

Migration und Sprachverhalten

$59.99

The Creation of the Extraordinary

$54.99

Modern Sampling Theory

$89.00

Frontiers of Statistical Decision Making and Bayesian Analysis

$109.99

Endoscopic and Keyhole Cranial Base Surgery

$159.99

Psychologische Therapie bei chronischen Schmerzpatienten

$59.99

Vanderbilt- The Rise and Fall of an American Dynasty by Anderson Cooper

$21.99

Hexen, Satan, Inquisition

$79.99

Madam C.J. Walker (Bright Minds)

$6.74

Many Body Structure of Strongly Interacting Systems

$179.00

History of Electron Microscopy in Switzerland

$39.99

A George Eliot Companion

$109.99

Industrielle Robotersysteme

$44.99

Mechanisms of Lymphocyte Activation and Immune Regulation VII

$39.99

What If You Had Animal Scales!?

$3.74

Endoscopic Gastric Surgery

$39.99

Womanist Wisdom in the Song of Songs

$64.99

Let's Talk with Each Other!

$27.99

Stochastic Differential Systems

$39.99

Linienspektren

$69.99

Social Virtual Worlds and Their Places

$109.00

Use and Impact of Computers in Clinical Medicine

$84.99

Frontiers in Electronic Technologies

$169.99

Fixed-Time Cooperative Control of Multi-Agent Systems

$129.99

Organizations and Performance in a Complex World

$199.99

Smart Planning: Sustainability and Mobility in the Age of Change

$129.99

Marktorientierte Konzeptfindung fr langlebige Gebrauchsgter

$69.95