| Stochastic Models and Option Values: Applications to Resources, Environment and Investment Problems Contributor(s): Lund, D. (Editor), Oksendal, Bernt (Editor) |
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ISBN: 0444886303 ISBN-13: 9780444886309 Publisher: Elsevier Science Ltd OUR PRICE: $216.59 Product Type: Hardcover Published: June 1991 Annotation: This book is a result of recent developments in several fields. Mathematicians, statisticians, finance theorists, and economists found several interconnections in their research. The emphasis was on common methods, although the applications were also interrelated. The main topic is dynamic stochastic models, in which information arrives and decisions are made sequentially. This gives rise to what finance theorists call option value, what some economists label quasi-option value. Some papers extend the mathematical theory, some deal with new methods of economic analysis, while some present important applications, to natural resources in particular. |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - General - Business & Economics | Econometrics - Mathematics | Probability & Statistics - General |
| Dewey: 332.015 |
| LCCN: 91009901 |
| Series: Developments in Aquaculture and Fisheries Science |
| Physical Information: 0.75" H x 6.14" W x 9.21" (1.35 lbs) 312 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book is a result of recent developments in several fields. Mathematicians, statisticians, finance theorists, and economists found several interconnections in their research. The emphasis was on common methods, although the applications were also interrelated. The main topic is dynamic stochastic models, in which information arrives and decisions are made sequentially. This gives rise to what finance theorists call option value, what some economists label quasi-option value. Some papers extend the mathematical theory, some deal with new methods of economic analysis, while some present important applications, to natural resources in particular. |