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Stochastic Optimization in Continuous Time

Stochastic Optimization in Continuous Time

Hardcover

Economics

ISBN10: 0521834066
ISBN13: 9780521834063
Publisher: Cambridge
Published: Apr 26 2004
Pages: 346
Weight: 1.29
Height: 0.94 Width: 5.96 Depth: 9.32
Language: English
Most of the current books on stochastic control theory are written for students in mathematics or finance. This introduction is designed, however, for those interested in the relevance and applications of the theory's mathematical principles to economics. Therefore, mathematical methods are discussed intuitively and illustrated with economic examples. More importantly, mathematical concepts are introduced in language and terminology familiar to graduate students in economics.

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Economics