Stochastic Models and Option Values (Contributions to Economic Analysis)

Oksendal, Bernt

ISBN 10: 0444886303 / ISBN 13: 9780444886309

Edité par Emerald Publishing Limited, 1991

A propos de cet article

New. SHIPS FROM MULTIPLE LOCATIONS.

N° de réf. du vendeur D8S0-3-M-0444886303-6

Détails bibliographiques

• Titre: Stochastic Models and Option Values (Contributions to Economic Analysis)
• Éditeur: Emerald Publishing Limited
• Date de parution: 1991
• Langue: anglais
• ISBN à 10 chiffres: 0444886303
• ISBN à 13 chiffres: 9780444886309
• Reliure: Hardcover
• État de l'article: New
• Type de livre: book

A propos de ce titre

Synopsis

This book is a result of recent developments in several fields. Mathematicians, statisticians, finance theorists, and economists found several interconnections in their research. The emphasis was on common methods, although the applications were also interrelated. The main topic is dynamic stochastic models, in which information arrives and decisions are made sequentially. This gives rise to what finance theorists call option value, what some economists label quasi-option value. Some papers extend the mathematical theory, some deal with new methods of economic analysis, while some present important applications, to natural resources in particular.