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Paperback Applied Stochastic Models and Control for Finance and Insurance Book

ISBN: 1461376696

ISBN13: 9781461376699

Applied Stochastic Models and Control for Finance and Insurance

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Format: Paperback

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Book Overview

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...

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