Stochastic Optimal Control and the U.S. Financial Debt Crisis - Couverture rigide

Stein, Jerome L.

 
9781461430780: Stochastic Optimal Control and the U.S. Financial Debt Crisis
Couverture rigide
ISBN 10 : 146143078X ISBN 13 : 9781461430780
Editeur : Springer-Verlag New York Inc., 2012

Synopsis

Stochastic Optimal Control (SOC)--a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process under uncertainty--has proven incredibly helpful to understanding and predicting debt crises and evaluating proposed financial regulation and risk management. Stochastic Optimal Control and the U.S. Financial Debt Crisis analyzes SOC in relation to the 2008 U.S. financial crisis, and offers a detailed framework depicting why such a methodology is best suited for reducing financial risk and addressing key regulatory issues. Topics discussed include the inadequacies of the current approaches underlying financial regulations, the use of SOC to explain debt crises and superiority over existing approaches to regulation, and the domestic and international applications of SOC to financial crises. Principles in this book will appeal to economists, mathematicians, and researchers interested in the U.S. financial debt crisis and optimal risk management.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Jerome L. Stein has been an emeritus professor of economics at Brown University since 1993, and has served as a visiting professor of applied mathematics since 1997. He is the author of nine research monographs, and has published over 100 journal articles in such leading publications as American Economic Review, Review of Economics and Statistics, Journal of Banking and Finance, and Contemporary Mathematics. He has served on the editorial boards of the Journal of Finance, American Economic Review, Journal of International and Comparative Economics, and the Journal of Banking and Finance.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer-Verlag New York Inc.
Date d'édition
2012
Langue
anglais
ISBN 10 
146143078X
ISBN 13 
9781461430780
Reliure
Relié
Nombre de pages
176
Coordonnées du fabricant
ProductSafety@springernature.com
ProductSafety@springernature.com

Poststr. 9
Darmstadt
64293
Allemagne

Autres éditions populaires du même titre

9781489986313: Stochastic Optimal Control and the U.S. Financial Debt Crisis

Edition présentée

ISBN 10 :  1489986316 ISBN 13 :  9781489986313
Editeur : Springer, 2014
Couverture souple