Mathematical Control Theory and Finance

ISBN: 3540695311

Language: English

Category: Uncategorized


Posted on 2014-06-15, by supnatural.

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Mathematical Control Theory and Finance
by Andrey Sarychev, Albert Shiryaev, Manuel Guerra, Maria do Rosário Grossinho
English | 2008 | ISBN: 3540695311 | 420 pages | PDF | 6.18 MB

"This book highlights recent developments in mathematical control theory and its applications to finance. It presents a collection of original contributions by distinguished scholars, addressing a large spectrum of problems and techniques. Control theory provides a large set of theoretical and computational tools with applications in a wide range of fields, ranging from "pure" areas of mathematics up to applied sciences like finance. Stochastic optimal control is a well established and important tool of mathematical finance. Other branches of control theory have found comparatively less applications to financial problems, but the exchange of ideas and methods has intensified in recent years. This volume should contribute to establish bridges between these separate fields. The diversity of topics covered as well as the large array of techniques and ideas brought in to obtain the results make this volume a valuable resource for advanced students and researchers."


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