Stochastic Economic Dynamics : A Complete Treatise on Probability, Stochastic Processes, and Their Applications to Economic Theory

Language: English

Published by Laine Educational Media LLC Apr 2026, 2026

9798257698651

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Neuware - Stochastic Economic Dynamics is a comprehensive work spanning forty-five chapters and more than thirteen hundred pages, in which the entire edifice of economic theory is reconstructed upon stochastic principles. Beginning with a critical history of economic thought, the work proceeds through measure-theoretic probability, stochastic differential equations, Ito calculus, martingale theory and optimal control, before turning to the microstructure of markets, the dynamics of growth and fluctuation, the mathematics of risk and ruin, and the computational methods that render these ideas operational. What distinguishes this treatise is its insistence that randomness is not a nuisance to be averaged away but the very fabric from which economic reality is woven. This is a work for the reader who demands both mathematical precision and intellectual depth: the graduate student seeking a unified treatment, the researcher pursuing new directions, and the practitioner who wishes to understand the stochastic machinery beneath the models they deploy.…

Seller Inventory # 9798257698651

Title
Stochastic Economic Dynamics : A Complete Treatise on Probability, Stochastic Processes, and Their Applications to Economic Theory
Author
Richard Murdoch Montgomery
Publisher
Laine Educational Media LLC Apr 2026
Publication year
2026
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 13
9798257698651
Item weight
718 grams
Dimensions
229x152x28 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
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