The Art of Smooth Pasting
Taylor and Francis (Verlag)
978-3-7186-5384-3 (ISBN)
BROWNIAN MOTION; Random Walk Representation; lto's Lemma; Geometric Brownian Motion; Some Generalizations; DISCOUNTED PRESENT VALUES Present Values for Exponential and Polynomials Present Values for Powers of Geometric Brownian Motion; A Basic Differential Equation for Present Value Derivation by Discrete Approximation; The General Solution; Differential Equation for Geometric Brownian Motion; General Diffusion Processes; BARRIERS; The Basic Differential Equation; Geometric Brownian Motion; Stopping and Resetting; Reflection; Example: Price Ceiling; Example: Exchange Rate Target Zones; Transitional Boundary; Example: Temporary Suspension; OPTIMAL CONTROL AND REGULATION; Stopping; Example: Irreversible Investment; Convex Costs: Continuous Control; Lump-Sum Costs: Impulse Control; Example: Menu Costs; Linear Costs: Barrier Control; Some Geometry and Intuition; Example: Competitive Industry; GENERALIZATIONS; Mean-Reverting Processes; Finite Horizon; SOME CHARACTERIZATION OF OPTIMAL PATHS; Short Run: Time Until First Action; Long Run: Stationary Distribution and Average Action; Dynamics of Brownian Motion: Kolmogorov Equations.
| Erscheint lt. Verlag | 11.5.1993 |
|---|---|
| Zusatzinfo | Farb., s/w. Abb. |
| Verlagsort | Chur |
| Sprache | englisch |
| Maße | 138 x 216 mm |
| Gewicht | 136 g |
| Themenwelt | Mathematik / Informatik ► Mathematik ► Wahrscheinlichkeit / Kombinatorik |
| Wirtschaft ► Allgemeines / Lexika | |
| Wirtschaft ► Volkswirtschaftslehre | |
| ISBN-10 | 3-7186-5384-2 / 3718653842 |
| ISBN-13 | 978-3-7186-5384-3 / 9783718653843 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
aus dem Bereich
