Optimal Control Models in Finance A New Computational Approach /

• Main Authors: Chen, Ping (Author), Islam, Sardar M. N. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Boston, MA : Springer US, 2005.
• Series: Applied Optimization, 95
• Subjects: Mathematics.; Mathematical optimization.; Calculus of variations.; Calculus of Variations and Optimal Control; Optimization.; Optimization.

The determination of optimal financing and investment strategies (optimal capital structure or optimal mix of funds, optimal portfolio choice, etc.) for corporations and the economy are important for efficient allocation of resources in the economy. Optimal control methods have useful applications t...

Table of Contents:

• Optimal Control Models in Finance
• The STV Approach to Financial Optimal Control Models
• A Financial Oscillator Model
• An Optimal Corporate Financing Model
• Further Computational Experiments and Results
• Conclusion.