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Stochastic Optimal Control and the U.S. Financial Debt Crisis - 9781489986313

Description: Stochastic Optimal Control and the U.S. Financial Debt Crisis Please note: this item is printed on demand and will take extra time before it can be dispatched to you (up to 20 working days). Author(s): Jerome L. Stein Format: Paperback Publisher: Springer-Verlag New York Inc., United States Imprint: Springer-Verlag New York Inc. ISBN-13: 9781489986313, 978-1489986313 Synopsis Stochastic Optimal Control (SOC)-a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process under uncertainty-has proven incredibly helpful to understanding and predicting debt crises and evaluating proposed financial regulation and risk management. Stochastic Optimal Control and the [url] Financial Debt Crisis analyzes SOC in relation to the 2008 [url] financial crisis, and offers a detailed framework depicting why such a methodology is best suited for reducing financial risk and addressing key regulatory issues. Topics discussed include the inadequacies of the current approaches underlying financial regulations, the use of SOC to explain debt crises and superiority over existing approaches to regulation, and the domestic and international applications of SOC to financial crises. Principles in this book will appeal to economists, mathematicians, and researchers interested in the [url] financial debt crisis and optimal risk management.

Price: 35.94 GBP

Location: Aldershot

End Time: 2025-02-12T09:27:34.000Z

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Stochastic Optimal Control and the U.S. Financial Debt Crisis - 9781489986313

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Book Title: Stochastic Optimal Control and the U.S. Financial Debt Crisis

Number of Pages: 160 Pages

Language: English

Publication Name: Stochastic Optimal Control and the U.S. Financial Debt Crisis

Publisher: Springer-Verlag New York Inc.

Publication Year: 2014

Subject: Government, Finance, Mathematics

Item Height: 235 mm

Item Weight: 278 g

Type: Textbook

Author: Jerome L. Stein

Item Width: 155 mm

Format: Paperback

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