{"product_id":"continuous-time-stochastic-control-and-optimization-huyn-pham-9783540894995","title":"Continuous-Time Stochastic Control and Optimization with Financial Applications","description":"\u003cp\u003eStochastic optimization problems arise in decision-making problems under uncertainty, and find various applications in economics and finance. On the other hand, problems in finance have recently led to new developments in the theory of stochastic control.\u003c\/p\u003e \u003cp\u003eThis volume provides a systematic treatment of stochastic optimization problems applied to finance by presenting the different existing methods: dynamic programming, viscosity solutions, backward stochastic differential equations, and martingale duality methods. The theory is discussed in the context of recent developments in this field, with complete and detailed proofs, and is illustrated by means of concrete examples from the world of finance: portfolio allocation, option hedging, real options, optimal investment, etc.\u003c\/p\u003e \u003cp\u003eThis book is directed towards graduate students and researchers in mathematical finance, and will also benefit applied mathematicians interested in financial applications and practitioners wishing to know more about the use of stochastic optimization methods in finance.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Huy麩 Pham\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3540894993\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783540894995\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Springer\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/18\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 232\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.10lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.40h x 6.30w x 0.70d","brand":"Huy麩 Pham","offers":[{"title":"Hardcover","offer_id":44073638330623,"sku":"9783540894995","price":79.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_d071210a-0f45-4ed5-b923-ca8683f491fe.jpg?v=1685449010","url":"https:\/\/www.whiterainbookhouse.com\/products\/continuous-time-stochastic-control-and-optimization-huyn-pham-9783540894995","provider":"WR Book House","version":"1.0","type":"link"}