Time-Inconsistent Control Theory with Finance Applications

Available
0
StarStarStarStarStar
0Reviews
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 ...

Read more
E-book
pdf
Price
109.50 £
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 ...

Read more
Follow the Author

Options

  • Formats: pdf
  • ISBN: 9783030818432
  • Publication Date: 2 Nov 2021
  • Publisher: Springer International Publishing
  • Product language: English
  • Drm Setting: DRM