nach der Bestellung gedruckt Neuware - Printed after ordering - High Quality Content by WIKIPEDIA articles! The theory of optimal stopping is concerned with the problem of choosing a time to take a particular action, in order to maximise an expected reward or minimise an expected cost. Optimal stopping problems can be found in areas of statistics, economics, and mathematical finance (related to the pricing of American options). A key example of an optimal stopping problem is the secretary problem. Optimal stopping problems can often be written in the form of a Bellman equation, and are therefore often solved using dynamic programming.

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Bibliographic Details

Title: Optimal Stopping : American Option, Secretary Problem, Bellman Equation, Dynamic Programming, Stopping Rule, Search Theory
Publisher: Omniscriptum
Publication Date: 2010
Language: English
ISBN 10: 6130500130
ISBN 13: 9786130500139
Binding: Taschenbuch
Condition: Neu
Dimensions: 220 millimeters width by 150 millimeters height by 7 millimeters depth
Weight: 173 grams

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The theory of optimal stopping is concerned with the problem of choosing a time to take a particular action, in order to maximise an expected reward or minimise an expected cost. Optimal stopping problems can be found in areas of statistics, economics, and mathematical finance (related to the pricing of American options). A key example of an optimal stopping problem is the secretary problem. Optimal stopping problems can often be written in the form of a Bellman equation, and are therefore often solved using dynamic programming.

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