On Stochastic Optimization Problems and an Application in Finance

• Κύριος συγγραφέας: Strini, Josef Anton (Συγγραφέας, http://id.loc.gov/vocabulary/relators/aut)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Spektrum, 2019.
• Έκδοση: 1st ed. 2019.
• Σειρά: BestMasters,
• Θέματα: Probabilities.; Finance-Mathematics.; Finance.; Probability Theory and Stochastic Processes.; Financial Mathematics.; Finance, general.

Josef Anton Strini analyzes a special stochastic optimal control problem. The problem under study arose from a dynamic cash management model in finance, where decisions about the dividend and financing policies of a firm have to be made. Additionally, using the dynamic programming approach, he exten...