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Stochastic Optimization in Continuous Time

Stochastic Optimization in Continuous Time

Paperback

Economics

ISBN10: 0521541948
ISBN13: 9780521541947
Publisher: Cambridge
Published: Oct 1 2009
Pages: 348
Weight: 1.12
Height: 0.78 Width: 6.00 Depth: 9.00
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