Articles liés à Contract Theory in Continuous-Time Models
Synopsis
In recent years there has been a significant increase of interest in continuous-time Principal-Agent models, or contract theory, and their applications. Continuous-time models provide a powerful and elegant framework for solving stochastic optimization problems of finding the optimal contracts between two parties, under various assumptions on the information they have access to, and the effect they have on the underlying "profit/loss" values. This monograph surveys recent results of the theory in a systematic way, using the approach of the so-called Stochastic Maximum Principle, in models driven by Brownian Motion.
Optimal contracts are characterized via a system of Forward-Backward Stochastic Differential Equations. In a number of interesting special cases these can be solved explicitly, enabling derivation of many qualitative economic conclusions.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
À propos de l?auteur
Jaksa Cvitanic held positions at Columbia University (Statistics), University of Southern California (Mathematics and Economics), and currently at Caltech (Social Sciences). He has served on the editorial boards of journals in the areas of Financial Mathematics, Applied Probability and Optimization, as well as on the Council of the Bachelier Finance Society. Jianfeng Zhang is currently associate professor at the University of Southern California (Mathematics Department).
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
Acheter neuf
Afficher cet article
EUR 89,99
EUR 9,70 expédition depuis Allemagne vers France
Destinations, frais et délaisAutres éditions populaires du même titre
Résultats de recherche pour Contract Theory in Continuous-Time Models
Image d'archives
Contract Theory in Continuous-Time Models (Springer Finance)
Edité par
Springer, 2018
ISBN 10 : 3642433529
ISBN 13 : 9783642433528
Ancien ou d'occasion
Couverture souple
Vendeur : Zubal-Books, Since 1961, Cleveland, OH, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
Etat : Fine. 268 pp., paperback, new, this is the 2018 printing. - If you are reading this, this item is actually (physically) in our stock and ready for shipment once ordered. We are not bookjackers. Buyer is responsible for any additional duties, taxes, or fees required by recipient's country. N° de réf. du vendeur ZB1315123
Quantité disponible : 1 disponible(s)
Image fournie par le vendeur
Contract Theory in Continuous-Time Models
Edité par
Springer Berlin Heidelberg, 2014
ISBN 10 : 3642433529
ISBN 13 : 9783642433528
Neuf
Couverture souple
Vendeur : moluna, Greven, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Etat : New. N° de réf. du vendeur 5060725
Quantité disponible : Plus de 20 disponibles
Image fournie par le vendeur
Contract Theory in Continuous-Time Models
Edité par
Springer Berlin Heidelberg, 2014
ISBN 10 : 3642433529
ISBN 13 : 9783642433528
Neuf
Taschenbuch
Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - In recent years there has been a significant increase of interest in continuous-time Principal-Agent models, or contract theory, and their applications. Continuous-time models provide a powerful and elegant framework for solving stochastic optimization problems of finding the optimal contracts between two parties, under various assumptions on the information they have access to, and the effect they have on the underlying 'profit/loss' values. This monograph surveys recent results of the theory in a systematic way, using the approach of the so-called Stochastic Maximum Principle, in models driven by Brownian Motion. Optimal contracts are characterized via a system of Forward-Backward Stochastic Differential Equations. In a number of interesting special cases these can be solved explicitly, enabling derivation of many qualitative economic conclusions. N° de réf. du vendeur 9783642433528
Quantité disponible : 1 disponible(s)
Image fournie par le vendeur
Contract Theory in Continuous-Time Models
Edité par
Springer Berlin Heidelberg Okt 2014, 2014
ISBN 10 : 3642433529
ISBN 13 : 9783642433528
Neuf
Taschenbuch
Vendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In recent years there has been a significant increase of interest in continuous-time Principal-Agent models, or contract theory, and their applications. Continuous-time models provide a powerful and elegant framework for solving stochastic optimization problems of finding the optimal contracts between two parties, under various assumptions on the information they have access to, and the effect they have on the underlying 'profit/loss' values. This monograph surveys recent results of the theory in a systematic way, using the approach of the so-called Stochastic Maximum Principle, in models driven by Brownian Motion. Optimal contracts are characterized via a system of Forward-Backward Stochastic Differential Equations. In a number of interesting special cases these can be solved explicitly, enabling derivation of many qualitative economic conclusions. 268 pp. Englisch. N° de réf. du vendeur 9783642433528
Quantité disponible : 2 disponible(s)
Image fournie par le vendeur
Contract Theory in Continuous-Time Models
Edité par
Springer Berlin Heidelberg, Springer Berlin Heidelberg Okt 2014, 2014
ISBN 10 : 3642433529
ISBN 13 : 9783642433528
Neuf
Taschenbuch
Vendeur : buchversandmimpf2000, Emtmannsberg, BAYE, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. Neuware -In recent years there has been a significant increase of interest in continuous-time Principal-Agent models, or contract theory, and their applications. Continuous-time models provide a powerful and elegant framework for solving stochastic optimization problems of finding the optimal contracts between two parties, under various assumptions on the information they have access to, and the effect they have on the underlying 'profit/loss' values. This monograph surveys recent results of the theory in a systematic way, using the approach of the so-called Stochastic Maximum Principle, in models driven by Brownian Motion.Optimal contracts are characterized via a system of Forward-Backward Stochastic Differential Equations. In a number of interesting special cases these can be solved explicitly, enabling derivation of many qualitative economic conclusions.Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 268 pp. Englisch. N° de réf. du vendeur 9783642433528
Quantité disponible : 2 disponible(s)
Image d'archives
Contract Theory in Continuous-Time Models (Springer Finance)
Vendeur : Books Puddle, New York, NY, Etats-Unis
Évaluation du vendeur 4 sur 5 étoiles
Etat : New. N° de réf. du vendeur 26357361309
Quantité disponible : 4 disponible(s)
Image d'archives
Contract Theory in Continuous-Time Models (Springer Finance)
Vendeur : Biblios, Frankfurt am main, HESSE, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Etat : New. N° de réf. du vendeur 18357361303
Quantité disponible : 4 disponible(s)
Image d'archives
Contract Theory in Continuous-Time Models (Springer Finance)
Vendeur : Revaluation Books, Exeter, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : Brand New. 2013 edition. 268 pages. 9.25x6.10x0.61 inches. In Stock. N° de réf. du vendeur 3642433529
Quantité disponible : 1 disponible(s)
Image d'archives
Contract Theory in Continuous-Time Models (Springer Finance)
Edité par
Springer, 2014
ISBN 10 : 3642433529
ISBN 13 : 9783642433528
Ancien ou d'occasion
Paperback
Vendeur : Mispah books, Redhill, SURRE, Royaume-Uni
Évaluation du vendeur 4 sur 5 étoiles
Paperback. Etat : Like New. Like New. book. N° de réf. du vendeur ERICA77336424335296
Quantité disponible : 1 disponible(s)