Stochastic Models and Option Values
Applications to Resources, Environment and Investment Problems
D Lund editor Bernt Øksendal editor
Format:Hardback
Publisher:Emerald Publishing Limited
Published:4th Jun '91
Currently unavailable, and unfortunately no date known when it will be back
This book is a result of recent developments in several fields. Mathematicians, statisticians, finance theorists, and economists found several interconnections in their research. The emphasis was on common methods, although the applications were also interrelated. The main topic is dynamic stochastic models, in which information arrives and decisions are made sequentially. This gives rise to what finance theorists call option value, what some economists label quasi-option value. Some papers extend the mathematical theory, some deal with new methods of economic analysis, while some present important applications, to natural resources in particular.
... well written and high quality contributions European Journal of Operational Research
ISBN: 9780444886309
Dimensions: 234mm x 156mm x 20mm
Weight: 616g
312 pages