ENGLISH

Mathematical Control Theory and Finance

By Maria do Rosário Grossinho , Albert Shiryaev , Andrey Sarychev , Manuel Guerra

Book information

Publisher
Springer
Year
2008
ISBN
3540695311, 9783540695318
Language
english
Format
PDF
Filesize
6 MB (6481741 bytes)
Edition
1
Pages
434\434
Time added
2011-06-04 13:46:07

Description

This book highlights recent developments in mathematical control theory and its applications to finance. It presents a collection of original contributions by distinguished scholars, addressing a large spectrum of problems and techniques. Control theory provides a large set of theoretical and computational tools with applications in a wide range of fields, ranging from "pure" areas of mathematics up to applied sciences like finance. Stochastic optimal control is a well established and important tool of mathematical finance. Other branches of control theory have found comparatively less applications to financial problems, but the exchange of ideas and methods has intensified in recent years. This volume should contribute to establish bridges between these separate fields. The diversity of topics covered as well as the large array of techniques and ideas brought in to obtain the results make this volume a valuable resource for advanced students and researchers.

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