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Stochastic Models and Option Values - Applications to Resources, Environment and Investment Problems (Hardcover) Loot Price: R5,248

Discovery Miles 52 480

Repayment Terms: R492 pm x 12*

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Stochastic Models and Option Values - Applications to Resources, Environment and Investment Problems (Hardcover): D. Lund,...

Stochastic Models and Option Values - Applications to Resources, Environment and Investment Problems (Hardcover)

D. Lund, Bernt Oksendal

Series: Contributions to Economic Analysis

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Loot Price R5,248 Discovery Miles 52 480 | Repayment Terms: R492 pm x 12*

Expected to ship within 12 - 19 working days

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Hardbound. This book is a result of recent developments in several fields. Mathematicians, statisticians, finance theorists, and economists found several interconnections in their research. The emphasis was on common methods, although the applications were also interrelated.The main topic is dynamic stochastic models, in which information arrives and decisions are made sequentially. This gives rise to what finance theorists call option value, what some economists label quasi-option value. Some papers extend the mathematical theory, some deal with new methods of economic analysis, while some present important applications, to natural resources in particular.

General

Imprint:	Elsevier Science Ltd
Country of origin:	United Kingdom
Series:	Contributions to Economic Analysis
Release date:	June 1991
First published:	1991
Editors:	D. Lund • Bernt Oksendal
Dimensions:	234 x 156 x 20mm (L x W x T)
Format:	Hardcover
Pages:	312
ISBN-13:	978-0-444-88630-9
Categories:	Books > Science & Mathematics > Mathematics > Probability & statistics Books > Business & Economics > Economics > Econometrics > General Books > Business & Economics > Business & management > Management & management techniques > Operational research Promotions
LSN:	0-444-88630-3
Barcode:	9780444886309