Irreversible Decisions under Uncertainty Optimal Stopping Made Easy /
In real life, as well as in economic models, individuals often make decisions in an uncertain environment. In many cases, a problem which an optimizing agent faces can be formulated or reformulated as a problem of optimal timing of a certain irreversible or partially reversible action or optimal sto...
| Main Authors: | , |
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| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg :
Springer Berlin Heidelberg,
2007.
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| Series: | Studies in Economic Theory,
27 |
| Subjects: | |
| Online Access: | Full Text via HEAL-Link |
