This book is a result of recent developments in several fields. Mathematicians, statisticians, finance theorists, and economists found several interconnections in their research. The emphasis was on common methods, although the applications were also interrelated. The main topic is dynamic stochastic models, in which information arrives and decisions are made sequentially. This gives rise to what finance theorists call option value, what some eco...
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Are you feeling anxious about statistics? This hands-on workbook is packed with clear explanations, real-world examples and practical exercises to give you the maths skills you need to tackle statisti...
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