ISBN-13: 9783110329674 / Angielski / Twarda / 2013 / 519 str.
ISBN-13: 9783110329674 / Angielski / Twarda / 2013 / 519 str.
This book gives a systematical presentation of stochastic approximation methods for models of American-type options with general pay-off functions for discrete time Markov price processes. It is the first volume of the comprehensive two volumes monograph.