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Random dynamical systems in finance /

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The theory and applications of random dynamical systems (RDS) are at the cutting edge of research in mathematics and economics, particularly in modeling the long-run evolution of economic systems subject to exogenous random shocks. Despite this interest, there are no books available that solely focu...

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Bibliographic Details
Main Author: Svishchuk, A. V. (Anatoliĭ Vitalʹevich)
Corporate Author: Taylor & Francis
Other Authors: Islam, Shafiqul
Format: eBook
Language:English
Language Notes:English.
Published: Boca Raton, FL : CRC Press, [2013]
Subjects:
Finance > Mathematical models.
Random dynamical systems.
Finances > Modèles mathématiques.
Systèmes dynamiques aléatoires.
BUSINESS & ECONOMICS > Finance.
Finance > Mathematical models
Random dynamical systems
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
Summary:The theory and applications of random dynamical systems (RDS) are at the cutting edge of research in mathematics and economics, particularly in modeling the long-run evolution of economic systems subject to exogenous random shocks. Despite this interest, there are no books available that solely focus on RDS in finance and economics. Exploring this emerging area, Random Dynamical Systems in Finance shows how to model RDS in financial applications. Through numerous examples, the book explains how the theory of RDS can describe the asymptotic and qualitative behavior of systems of random and stoc.
Physical Description:1 online resource (xvii, 339 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9781439867198
1439867194