Applied Stochastic Models and Control for Finance and Insurance

by Charles S. Tapiero

Book Overview

Applied Stochastic Models and Control for Finance and Insurance presents at an introductory level some essential stochastic models applied in economics, finance and insurance. Markov chains, random walks, stochastic differential equations and other stochastic processes are used throughout the book and systematically applied to economic and financial applications. In addition, a dynamic programming framework is used to deal with some basic optimization...

• Format: Paperback
• Language: English
• ISBN: 1461376696
• ISBN13: 9781461376699
• Release Date: November 2012
• Publisher: Springer
• Length: 341 Pages
• Weight: 1.10 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"