Kategoria BISAC: Mathematics >> Game Theory

Problems of stochastic optimization and various mathematical aspects of risk are the main themes of this contributed volume. The readers learn about the recent results and techniques of optimal investment, risk measures and derivative pricing. There are also papers touching upon credit risk, martingale theory and limit theorems.

Forefront researchers in probability and financial mathematics have contributed to this volume paying tribute to Yuri Kabanov, an eminent researcher in probability and mathematical finance, on the occasion of his 60^th birthday. The volume gives a...

Metaheuristics support managers in decision-making with robust tools that provide high-quality solutions to important applications in business, engineering, economics, and science in reasonable time frames, but finding exact solutions in these applications still poses a real challenge. However, because of advances in the fields of mathematical optimization and metaheuristics, major efforts have been made on their interface regarding efficient hybridization.

This edited book will provide a survey of the state of the art in this field by providing some invited reviews by...

The papers presented in this book address methodological questions and applications of artificial economics (AE) to macroeconomics, industrial organization, information and learning, market dynamics, finance and financial markets.

The goal of this book is to present the state-of-the-art in research on time-delay dynamics in the framework of complex systems. The chapters are authored by renowned experts and cover both theory and applications in a wide range of fields.

Advances in Mathematical Economics is a publication of the Research Center for Mathematical Economics, which was founded in 1997 as an international scientific association that aims to promote research activities in mathematical economics.

Our publication was launched to realize our long-term goal of bringing together those mathematicians who are seriously interested in obtaining new challenging stimuli from economic theories and those economists who are seeking effective mathematical tools for their research.

The scope of Advances in Mathematical Economics includes, but is...

Im vorliegenden Buch werden neue Erkenntnisse der Lebensversicherungsmathematik aus dem Gebiet der Markovmodelle und der stochastischen Zinsen behandelt. Besonderes Gewicht wird auf die Anwendbarkeit der Modelle in der Praxis gelegt, so dass die Aussagen direkt angewendet werden konnen. Die dargestellten Modelle sind in besonderer Weise geeignet, eine schnelle Tarifierung neuer Lebensversicherungsprodukte zu ermoglichen. Gleichzeitig geben diese Modelle einen tieferen Einblick in das Wesen der Lebensversicherungsmathematik. Der besondere Nutzen dieses Buches liegt einerseits in der...

The primary goal of this book is to present the research findings and conclusions of physicists, economists, mathematicians and financial engineers working in the field of "Econophysics" who have undertaken agent-based modelling, comparison with empirical studies and related investigations.
Most standard economic models assume the existence of the representative agent, who is "perfectly rational" and applies the utility maximization principle when taking action. One reason for this is the desire to keep models mathematically tractable: no tools are available to economists for solving...