1.

Record Nr.

UNINA9910741197903321

Autore

Rogers L. C. G

Titolo

Optimal investment / / L. C. G. Rogers

Pubbl/distr/stampa

Berlin ; ; Heidelberg, : Springer, c2013

ISBN

1-299-19789-2

3-642-35202-2

Edizione

[1st ed. 2013.]

Descrizione fisica

1 online resource (x, 156 pages) : illustrations (some color)

Collana

SpringerBriefs in quantitative finance

Disciplina

300

Soggetti

Investment analysis - Mathematical models

Merton Model

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"ISSN: 2192-7006."

"ISSN: 2192-7014 (electronic)."

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Preface -- The Merton Problem -- Variations -- Numerical Solution -- How Well Does It Work -- Index -- References.

Sommario/riassunto

Readers of this book will learn how to solve a wide range of optimal investment problems arising in finance and economics. Starting from the fundamental Merton problem, many variants are presented and solved, often using numerical techniques that the book also covers. The final chapter assesses the relevance of many of the models in common use when applied to data.