Multiple Stopping Problems

Multiple Stopping Problems
Author :
Publisher : CRC Press
Total Pages : 376
Release :
ISBN-10 : 9781040228920
ISBN-13 : 1040228925
Rating : 4/5 (925 Downloads)

Book Synopsis Multiple Stopping Problems by : Georgy Sofronov

Download or read book Multiple Stopping Problems written by Georgy Sofronov and published by CRC Press. This book was released on 2024-12-24 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the theory of rational decisions involving the selection of stopping times in observed discrete-time stochastic processes, both by single and multiple decision-makers. Readers will become acquainted with the models, strategies, and applications of these models. It begins with an examination of selected models framed as stochastic optimization challenges, emphasizing the critical role of optimal stopping times in sequential statistical procedures. The authors go on to explore models featuring multiple stopping and shares on leading applications, particularly focusing on change point detection, selection problems, and the nuances of behavioral ecology. In the following chapters, an array of perspectives on model strategies is presented, elucidating their interpretation and the methodologies underpinning their genesis. Essential notations and definitions are introduced, examining general theorems about solution existence and structure, with an intricate analysis of optimal stopping predicaments and addressing crucial multilateral models. The reader is presented with the practical application of models based on multiple stopping within stochastic processes. The coverage includes a diverse array of domains, including sequential statistics, finance, economics, and the broader generalization of the best-choice problem. Additionally, it delves into numerical and asymptotic solutions, offering a comprehensive exploration of optimal stopping quandaries. The book will be of interest to researchers and practitioners in fields such as economics, finance, and engineering. It could also be used by graduate students doing a research degree in insurance, economics or business analytics or an advanced undergraduate course in mathematical sciences.


Multiple Stopping Problems Related Books

Multiple Stopping Problems
Language: en
Pages: 376
Authors: Georgy Sofronov
Categories: Mathematics
Type: BOOK - Published: 2024-12-24 - Publisher: CRC Press

DOWNLOAD EBOOK

This book presents the theory of rational decisions involving the selection of stopping times in observed discrete-time stochastic processes, both by single and
Advanced Simulation-Based Methods for Optimal Stopping and Control
Language: en
Pages: 366
Authors: Denis Belomestny
Categories: Business & Economics
Type: BOOK - Published: 2018-01-31 - Publisher: Springer

DOWNLOAD EBOOK

This is an advanced guide to optimal stopping and control, focusing on advanced Monte Carlo simulation and its application to finance. Written for quantitative
Optimization, Control, and Applications of Stochastic Systems
Language: en
Pages: 331
Authors: Daniel Hernández-Hernández
Categories: Science
Type: BOOK - Published: 2012-08-15 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

This volume provides a general overview of discrete- and continuous-time Markov control processes and stochastic games, along with a look at the range of applic
Robust Libor Modelling and Pricing of Derivative Products
Language: en
Pages: 219
Authors: John Schoenmakers
Categories: Mathematics
Type: BOOK - Published: 2005-03-29 - Publisher: CRC Press

DOWNLOAD EBOOK

One of Riskbook.com's Best of 2005 - Top Ten Finance Books The Libor market model remains one of the most popular and advanced tools for modelling interest rate
Probabilistic Methods in Discrete Mathematics
Language: en
Pages: 400
Authors: V. F. Kolchin
Categories: Mathematics
Type: BOOK - Published: 2020-05-18 - Publisher: Walter de Gruyter GmbH & Co KG

DOWNLOAD EBOOK

No detailed description available for "Probabilistic Methods in Discrete Mathematics".