Advanced Simulation-Based Methods for Optimal Stopping and Control With Applications in Finance /

• Main Authors: Belomestny, Denis (Author, http://id.loc.gov/vocabulary/relators/aut), Schoenmakers, John (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2018.
• Edition: 1st ed. 2018.
• Subjects: Corporations-Finance.; Applied mathematics.; Engineering mathematics.; Business enterprises-Finance.; Mathematical models.; Corporate Finance.; Applications of Mathematics.; Business Finance.; Mathematical Modeling and Industrial Mathematics.

This is an advanced guide to optimal stopping and control, focusing on advanced Monte Carlo simulation and its application to finance. Written for quantitative finance practitioners and researchers in academia, the book looks at the classical simulation based algorithms before introducing some of th...