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On Stochastic Optimization Problems and an Application in Finance (Paperback, 1st ed. 2019) Loot Price: R1,408
Discovery Miles 14 080
On Stochastic Optimization Problems and an Application in Finance (Paperback, 1st ed. 2019): Josef Anton Strini

On Stochastic Optimization Problems and an Application in Finance (Paperback, 1st ed. 2019)

Josef Anton Strini

Series: BestMasters

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Loot Price R1,408 Discovery Miles 14 080 | Repayment Terms: R132 pm x 12*

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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.

General

Imprint: Springer Spektrum
Country of origin: Germany
Series: BestMasters
Release date: March 2019
First published: 2019
Authors: Josef Anton Strini
Dimensions: 210 x 148mm (L x W)
Format: Paperback
Pages: 106
Edition: 1st ed. 2019
ISBN-13: 978-3-658-25690-6
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Business & Economics > Finance & accounting > Finance > General
Books > Science & Mathematics > Mathematics > Applied mathematics > Stochastics
Books > Money & Finance > General
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LSN: 3-658-25690-7
Barcode: 9783658256906

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