Stochastic Optimization in Continuous Time
Language: English
Published by Cambridge University Press, 2004
- Hardcover
- New

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- Title
- Stochastic Optimization in Continuous Time
- Author
- Chang, Fwu-Ranq
- Publisher
- Cambridge University Press
- Publication year
- 2004
- Condition
- new
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0521834066
- ISBN 13
- 9780521834063
Most of the current books on stochastic control theory are written for students in mathematics or finance. This introduction is designed, however, for those interested in the relevance and applications of the theory's mathematical principles to economics. Therefore, mathematical methods are discussed intuitively and illustrated with economic examples. More importantly, mathematical concepts are introduced in language and terminology familiar to graduate students in economics.
"Synopsis" may belong to another edition of this title.
Book Description
This is an introduction to stochastic control theory with applications to economics. Most of the existing books on this subject are written for students in mathematics or in finance. For those who are interested in the relevance and applications of this mathematical machinery to economics, there must be a thorough and concise resource for learning. This book is designed for that purpose. The mathematical methods are discussed intuitively and illustrated with economic examples. More importantly, the mathematical concepts are introduced in language and terminology familiar to graduate students in economics.
"About the title" may belong to another edition of this title.
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