Irreversible Decisions under Uncertainty
Download or Read eBook Irreversible Decisions under Uncertainty PDF written by Svetlana Boyarchenko and published by Springer Science & Business Media. This book was released on 2007-08-26 with total page 292 pages. Available in PDF, EPUB and Kindle.
| Author | : Svetlana Boyarchenko |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 292 |
| Release | : 2007-08-26 |
| ISBN-10 | : 9783540737469 |
| ISBN-13 | : 3540737464 |
| Rating | : 4/5 (69 Downloads) |
Book Synopsis Irreversible Decisions under Uncertainty by : Svetlana Boyarchenko
Book excerpt: Here, two highly experienced authors present an alternative approach to optimal stopping problems. The basic ideas and techniques of the approach can be explained much simpler than the standard methods in the literature on optimal stopping problems. The monograph will teach the reader to apply the technique to many problems in economics and finance, including new ones. From the technical point of view, the method can be characterized as option pricing via the Wiener-Hopf factorization.
