| Description |
1 online resource (xi, 151 pages) |
| Series |
Studies in probability, optimization and statistics ; v. 4 |
|
Studies in probability, optimization, and statistics ; v. 4.
|
| Contents |
Title Page; Contents; Preface; Real Options and Variational Inequalities; Introduction; Complete Market and Risk-Neutral Pricing; Evolution of the Resource Process; The Classical Real Options Model -- A Single Player (Monopolist); Economic Framework; The Monopolist's Problem and Its Solution; Real Options and Competition; The Economic Framework; Investment Payoff Formulation for Players; The Stackelberg Leader-Follower Game; The Preemption Game; Stackelberg Leader's Lowest Threshold, y1, vs. Optimal Threshold for Leading Firm in Preemption Game, y |
| Summary |
Financial engineering is defined as the application of mathematical methods to the solution of problems in finance. The recent financial crisis raised many challenges for financial engineers: not only were financially engineered products such as collateralized debt obligations and credit default swaps implicated in causing the crisis, but the risk management techniques developed by financial engineers appeared to fail when they were most desperately needed. This book is the first in a series describing research by a multidisciplinary team of economists, mathematicians and control theorists exp |
| Notes |
Includes author index |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Financial engineering.
|
|
BUSINESS & ECONOMICS -- Investments & Securities -- General.
|
|
Financial engineering
|
| Form |
Electronic book
|
| Author |
Koo, Hyeng Keun.
|
|
IOS Press.
|
| ISBN |
9781607508359 |
|
1607508354 |
|
1283432994 |
|
9781283432993 |
|
1607508346 |
|
9781607508342 |
|
