Stochastic Optimal Control and the U.S. Financial Debt Crisis
Stochastic Optimal Control (SOC)—a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process under uncertainty—has proven incredibly helpful to understanding and predicting debt crises and evaluating proposed financial regulation and ris...
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| Format: | Electronic eBook |
| Language: | English |
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Boston, MA :
Springer US,
2012.
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| Online Access: | Full Text via HEAL-Link |
