Control Engineering and Finance

This book includes a review of mathematical tools like modelling, analysis of stochastic processes, calculus of variations and stochastic differential equations which are applied to solve financial problems like modern portfolio theory and option pricing. Every chapter presents exercises which help the reader to deepen his understanding. The target audience comprises research experts in the field of finance engineering, but the book may also be beneficial for graduate students alike.

List of contents

Introduction.- Modeling and Identification.- Probability and Stochastic Processes.- Optimal Control.- Stochastic Analysis.- Financial Markets and Instruments.- Bonds.- Portfolio Management.- Derivatives and Structured Financial Instruments.

Summary

Includes numerous step-by-step tutorials which supports the reader's understanding
Presents a review of mathematical tools like modeling, analysis of stochastic processes, calculus of variations and more
Analyses financial problems using control engineering tools

Product details

• Authors: Selim S. Hac¿salihzade, Selim Hacisaiihzade, Selim S. Hacisaiihzade, Selim Hacisalihzade, Selim S Hacisalihzade, Selim S. Hacisalihzade, Selim S. Hacısalihzade, Selim S. Hacisaiihzade
• Publisher: Springer, Berlin
• Languages: English
• Product format: Hardback
• Released: 01.01.2017
• EAN: 9783319644912
• ISBN: 978-3-31-964491-2
• No. of pages: 303
• Dimensions: 154 mm x 24 mm x 259 mm
• Weight: 603 g
• Illustrations: XIII, 303 p. 100 illus., 11 illus. in color.
• Series: Lecture Notes in Control and Information Sciences; Lecture Notes in Control and Information Sciences
• Subject: Natural sciences, medicine, IT, technology > Mathematics > Miscellaneous