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Da: Romtrade Corp., STERLING HEIGHTS, MI, U.S.A.
Condizione: New. This is a Brand-new US Edition. This Item may be shipped from US or any other country as we have multiple locations worldwide.
Da: SMASS Sellers, IRVING, TX, U.S.A.
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Da: GreatBookPrices, Columbia, MD, U.S.A.
EUR 107,13
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Da: Ria Christie Collections, Uxbridge, Regno Unito
EUR 97,21
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Da: GreatBookPricesUK, Woodford Green, Regno Unito
EUR 95,12
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Lingua: Inglese
Editore: Springer Nature Switzerland AG, CH, 2022
ISBN 10: 3030818454 ISBN 13: 9783030818456
Da: Rarewaves.com USA, London, LONDO, Regno Unito
EUR 122,48
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Aggiungi al carrelloPaperback. Condizione: New. 2021 ed. This book is devoted to problems of stochastic control and stopping that are time inconsistent in the sense that they do not admit a Bellman optimality principle. These problems are cast in a game-theoretic framework, with the focus on subgame-perfect Nash equilibrium strategies. The general theory is illustrated with a number of finance applications.In dynamic choice problems, time inconsistency is the rule rather than the exception. Indeed, as Robert H. Strotz pointed out in his seminal 1955 paper, relaxing the widely used ad hoc assumption of exponential discounting gives rise to time inconsistency. Other famous examples of time inconsistency include mean-variance portfolio choice and prospect theory in a dynamic context. For such models, the very concept of optimality becomes problematic, as the decision maker's preferences change over time in a temporally inconsistent way. In this book, a time-inconsistent problem is viewed as a non-cooperative game between the agent's currentand future selves, with the objective of finding intrapersonal equilibria in the game-theoretic sense. A range of finance applications are provided, including problems with non-exponential discounting, mean-variance objective, time-inconsistent linear quadratic regulator, probability distortion, and market equilibrium with time-inconsistent preferences.Time-Inconsistent Control Theory with Finance Applications offers the first comprehensive treatment of time-inconsistent control and stopping problems, in both continuous and discrete time, and in the context of finance applications. Intended for researchers and graduate students in the fields of finance and economics, it includes a review of the standard time-consistent results, bibliographical notes, as well as detailed examples showcasing time inconsistency problems. For the reader unacquainted with standard arbitrage theory, an appendix provides a toolbox of material needed for the book.
Da: GreatBookPricesUK, Woodford Green, Regno Unito
EUR 109,74
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Da: Ria Christie Collections, Uxbridge, Regno Unito
EUR 139,93
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Condizione: New. 1st ed. 2021 edition NO-PA16APR2015-KAP.
Lingua: Inglese
Editore: Springer Nature Switzerland AG, CH, 2022
ISBN 10: 3030818454 ISBN 13: 9783030818456
Da: Rarewaves.com UK, London, Regno Unito
EUR 114,76
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Aggiungi al carrelloPaperback. Condizione: New. 2021 ed. This book is devoted to problems of stochastic control and stopping that are time inconsistent in the sense that they do not admit a Bellman optimality principle. These problems are cast in a game-theoretic framework, with the focus on subgame-perfect Nash equilibrium strategies. The general theory is illustrated with a number of finance applications.In dynamic choice problems, time inconsistency is the rule rather than the exception. Indeed, as Robert H. Strotz pointed out in his seminal 1955 paper, relaxing the widely used ad hoc assumption of exponential discounting gives rise to time inconsistency. Other famous examples of time inconsistency include mean-variance portfolio choice and prospect theory in a dynamic context. For such models, the very concept of optimality becomes problematic, as the decision maker's preferences change over time in a temporally inconsistent way. In this book, a time-inconsistent problem is viewed as a non-cooperative game between the agent's currentand future selves, with the objective of finding intrapersonal equilibria in the game-theoretic sense. A range of finance applications are provided, including problems with non-exponential discounting, mean-variance objective, time-inconsistent linear quadratic regulator, probability distortion, and market equilibrium with time-inconsistent preferences.Time-Inconsistent Control Theory with Finance Applications offers the first comprehensive treatment of time-inconsistent control and stopping problems, in both continuous and discrete time, and in the context of finance applications. Intended for researchers and graduate students in the fields of finance and economics, it includes a review of the standard time-consistent results, bibliographical notes, as well as detailed examples showcasing time inconsistency problems. For the reader unacquainted with standard arbitrage theory, an appendix provides a toolbox of material needed for the book.
Da: Revaluation Books, Exeter, Regno Unito
EUR 193,38
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Aggiungi al carrelloPaperback. Condizione: Brand New. 343 pages. 9.25x6.10x0.87 inches. In Stock.
Da: Revaluation Books, Exeter, Regno Unito
EUR 195,37
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Aggiungi al carrelloHardcover. Condizione: Brand New. 343 pages. 9.25x6.10x0.87 inches. In Stock.
Lingua: Inglese
Editore: Springer, Berlin|Springer International Publishing|Springer, 2022
ISBN 10: 3030818454 ISBN 13: 9783030818456
Da: moluna, Greven, Germania
EUR 118,61
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Aggiungi al carrelloCondizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book is devoted to problems of stochastic control and stopping that are time inconsistent in the sense that they do not admit a Bellman optimality principle. These problems are cast in a game-theoretic framework, with the focus on subgame-perfect Nash .
Lingua: Inglese
Editore: Springer International Publishing, 2021
ISBN 10: 303081842X ISBN 13: 9783030818425
Da: moluna, Greven, Germania
EUR 118,61
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Aggiungi al carrelloGebunden. Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Offers a systematic treatment of time-inconsistent stochastic control and stopping problemsProvides a game-theoretic approach to time inconsistencyTreats both discrete and continuous time problems, and includes many applications to finance.
Da: Majestic Books, Hounslow, Regno Unito
EUR 194,72
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Da: Biblios, Frankfurt am main, HESSE, Germania
EUR 193,66
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