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Ebook Irreversible decisions under uncertainty: Optimal stopping made easy
In ebook "Irreversible decisions under uncertainty: Optimal stopping made easy" the 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...
292 p dhktna 26/11/2023 7 0
Từ khóa: Irreversible decisions under uncertainty, Optimal stopping made easy, Studies in economic theory, Wiener-Hopf factorization, Risk-neutral pricing, Finite time horizon, Instantaneous payoffs
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