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

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. 

Product details

• Authors: Selim S Hacisalihzade, Selim S. Hacisalihzade, Selim S. Hacısalihzade
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2018
• EAN: 9783319878058
• ISBN: 978-3-31-987805-8
• No. of pages: 303
• Dimensions: 155 mm x 17 mm x 235 mm
• Weight: 492 g
• Illustrations: XIII, 303 p. 100 illus., 11 illus. in color.
• Series: Lecture Notes in Control and Information Sciences
• Subjects: Natural sciences, medicine, IT, technology > Mathematics > Miscellaneous; B, Optimization, engineering, Control and Systems Theory, Probability Theory and Stochastic Processes, Probability & statistics, Probabilities, Stochastics, Probability Theory, Calculus of Variations and Optimization, Calculus of variations, Calculus of Variations and Optimal Control; Optimization, Control engineering, Automatic control engineering