Wiley, 2010. – 667 p. – 2nd ed. – ISBN: 0470390166, 9780470390160 This is an advanced book in the science and art of valuing privately held businesses. In order to read this book, you must already have read at least one introductory book such as Valuing a Business (Pratt, Reilly, and Schweihs, 1996 and subsequent). Without such a background, you will be lost. I have written...
John Wiley & Sons, 1957. — 645 p. — ISBN: 978-0471157748, 0471157740. Introduction to Operation Research is one of the most ambitious books yet written in this field. As its title indicates, this book is an introductory treatment of a growing field of scientific research. It grew out of lecture material for the «Short Course in Operations Research» offered, at first, annually...
McGraw-Hill/Irwin, 2008. - 804 p. Statistical integrity. The seventh edition retains its global emphasis, maintaining its position of being at the vanguard of international issues in business. Regrettably, Professor Jayavel Sounderpandian passed away before the revision of the text commenced. He had been a consistent champion of the book, first as a loyal user and later as a...
MIT Press, 2003. — 279 p. An integrated approach to the empirical application of dynamic optimization programming models, for students and researchers. This book is an effective, concise text for students and researchers that combines the tools of dynamic programming with numerical techniques and simulation-based econometric methods. Doing so, it bridges the traditional gap...
Palgrave Macmillan, UK, 2016. — 137 p. — ISBN: 1137564857. Where institutions and individuals averagely invest the majority of their assets in money-market and fixed-income instruments, interest rate risk management could be seen as the single most important global financial issue. However, the majority of the key techniques used by most investors were developed several decades...
Palgrave Macmillan, UK, 2016. — 137 p. — ISBN: 1137564857. Where institutions and individuals averagely invest the majority of their assets in money-market and fixed-income instruments, interest rate risk management could be seen as the single most important global financial issue. However, the majority of the key techniques used by most investors were developed several decades...
Springer, 2015. — 430 p. — ASIN B010O0HQJ8. This volume is a collection of chapters covering the latest developments in applications of financial mathematics and statistics to topics in energy, commodity financial markets and environmental economics. The research presented is based on the presentations and discussions that took place during the Fields Institute Focus Program on...
Princeton: Princeton University Press, 2014. - 688 p. High-frequency trading is an algorithm-based computerized trading practice that allows firms to trade stocks in milliseconds. Over the last fifteen years, the use of statistical and econometric methods for analyzing high-frequency financial data has grown exponentially. This growth has been driven by the increasing...
New York: Academic Press, 2015. - 156 p. This book bridges the fields of finance, mathematical finance and engineering, and is suitable for engineers and computer scientists who are looking to apply engineering principles to financial markets. The book builds from the fundamentals, with the help of simple examples, clearly explaining the concepts to the level needed by an...
World Scientific Publ, 2022. — 328 p. — ISBN: 9781800611740. In the modern world, data is a vital asset for any organization, regardless of industry or size. The world is built upon data. However, data without knowledge is useless. The aim of this book, briefly, is to introduce new approaches that can be used to shape and forecast the future by combining the two disciplines of...
Walter de Gruyter, 2009. – 453 p. – ISBN: 3110213133, 9783110213133 This book is a collection of state-of-the-art surveys on various topics in mathematical finance, with an emphasis on recent modeling and computational approaches. The volume is related to a 'Special Semester on Stochastics with Emphasis on Finance' that took place from September to December 2008 at the Johann...
2nd Edition. — Springer, 2007. — 287 p. — (Studies in Economic Theory). — ISBN: 978-3-540-34182-6. The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. Since it was first devised in the eighteenth century, numerous examples have revealed the deficiencies of the concept. This book makes a contribution to overcome...
Wiley, 2008. - 423 p. A financial instrument is a legal contract between two or more parties that defines conditions under which the various parties incur costs and receive benefits. A cost or benefit need not be a monetary amount; it could be a commodity, for instance. The simplest type of financial instrument is a financial asset, which is a legal claim on a real asset such...
Willey, 2008. — 320 p. Written by leading market risk academic, Professor Carol Alexander, Quantitative Methods in Finance forms part one of the Market Risk Analysis four volume set. Starting from the basics, this book helps readers to take the first step towards becoming a properly qualified financial risk manager and asset manager, roles that are currently in huge demand....
Published in 2008 by John Wiley & Sons Ltd. The accompanying CD-ROM. Worked-out exercises from the book on Excel spreadsheets. Basic Calculus for Finance Essential Linear Algebra for Finance Probability and Statistics Introduction to Linear Regression Numerical Methods in Finance Introduction to Portfolio Theory
Cambridge University Press, 2012. — 248 p. — ISBN: 0521130603. This book surveys the leading modern theories of property - Lockean, libertarian, utilitarian/law-and-economics, personhood, Kantian, and human flourishing - and then applies those theories to concrete contexts in which property issues have been especially controversial. These include redistribution, the right to...
Wiley, 2012. — 608 p. — ISBN: 1118091361, 9781118091364 Uncertainty is present in every managerial decision, and Managerial Economics: A Mathematical Approach effectively demonstrates the application of higher-level statistical tools to inform and clarify the logic of problem solving in a managerial environment. While illuminating managerial decision-making from all possible...
Apple Academic Press, 2014. — 302 p. — ISBN: 1926895568 In this book on mathematical programming, the postulate spacial-time certainty of economic process at uncertainty conditions in finite-dimensional vector space and the principle piecewise-linear homogeneity of economic process at uncertainty conditions in finite-dimensional vector space are first suggested. A special...
New York: Springer, 2012. — 308 p. — (Studies in Fuzziness and Soft Computing). Little by little we are being provided with an arsenal of operative instruments of a non-numerical nature, in the shape of models and algorithms, capable of providing answers to the "aggressions" which our economics and management systems must withstand, coming from an environment full of turmoil....
Springer, 2015. — 243 p. — (Lecture Notes in Economics and Mathematical Systems 676). — ISBN: 9783319095776, 9783319095783 Amblard F., Miguel F.J., Blanchet A., Gaudou B. (eds.) The book presents a peer-reviewed collection of papers presented during the 10th issue of the Artificial Economics conference, addressing a variety of issues related to macroeconomics, industrial...
North Holland, 1996. — 819 p. — ISBN: 9780444898579. This volume aims to provide an introduction and selective overview of the rapidly emerging field of computational economics. Computational economics provides an important set of tools that an increasing number of economists will need to acquire to understand and do state-of-the-art research in virtually all areas of...
Atlantic Financial Press – 2004, 1188 p. ISBN: 0984422102, 0984422110, 0984422129 The book is organized into three volumes, five parts (plus appendix), and 26 chapters: Part I. Foundations Introduction to Arbitrage Pricing Theory Finite Difference Methods Monte Carlo Methods) Fundamentals of Interest Rate Modeling Fixed Income Instruments Part II. Vanilla Models Yield Curve...
Publisher: Chapman & Hall/CRC, 2004. - 504 p. Although there are hundreds of books about MatLAB, there are no books that fully explore its value in the field of business economics. Few books describe how geographic information can be explicitly incorporated in business decisions, or explain how sophisticated MatLAB applications can be provided to users via the Internet using a...
Cambridge: Cambridge University Press, 2014. — 394 p. Mathematics has become indispensable in the modeling of economics, finance, business, and management. Without expecting any particular background of the reader, this book covers the following mathematical topics, with frequent reference to applications in economics and finance: functions, graphs and equations, recurrences...
Cambridge University Press, 1998. – 308 p. – ISBN: 0521637694, 9780521637695 This book contributes substantively to the current state of the art of macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to nonpairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using...
Springer, 2018. — 283 p. This book was written to serve as a graduate-level textbook for special topics classes in mathematics, statistics, and economics, to introduce these topics to other researchers, and for use in short courses. It is an introduction to the theory of majorization and related notions, and contains detailed material on economic applications of majorization...
Springer, 2017. — 106 p. — (SpringerBriefs in Economics). — ISBN: 9788132236597, 9788132236610. This book assesses how efficient primary and upper primary education is across different states of India considering both output oriented and input oriented measures of technical efficiency. It identifies the most important factors that could produce differential efficiency among the...
North Holland, 1987. – 395 p. – ISBN: 0444861262, 9780444861269 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
North Holland, 1987. – 391 p. – ISBN: 0444861262, 9780444861269 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
North Holland, 1987. – 693 p. – ISBN: 0444861270, 9780444861276 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
North Holland, 1987. – 693 p. – ISBN: 0444861270, 9780444861276 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
North Holland, 1986. – 693 p. – ISBN: 0444861289, 9780444861283 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
North Holland, 1986. – 693 p. – ISBN: 0444861289, 9780444861283 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
N.-Y.: Springer, 2015. — 317 p. This book is about the formulations, theoretical investigations, and practical applications of new stochastic models for fundamental concepts and operations of the discipline of risk management. It also examines how these models can be useful in the descriptions, measurements, evaluations, and treatments of risks threatening various modern...
Springer, 1998. — 459 p. Advances in game theory and economic theory have proceeded hand in hand with that of nonlinear analysis and in particular, convex analysis. These theories motivated mathematicians to provide mathematical tools to deal with optima and equilibria. Jean-Pierre Aubin, one of the leading specialists in nonlinear analysis and its applications to economics and...
World Scientific, 2001. — 379 p. This invaluable book contains lectures delivered at the celebrated Seminar in Mathematical Finance at the Courant Institute. The lectures and presenters of papers are prominent researchers and practitioners in the field of quantitative financial modeling. Most are faculty members at leading universities or Wall Street practitioners. The lectures...
World Scientific, 2001. — 363 p. The talks covered a wide range of topics in Quantitative Finance. For editorial clarity, we grouped the papers in four categories: "Finance Theory and Asset-Allocation", "Arbitrage Pricing and Derivatives", "Term-Structure Models" and "Algorithms for Pricing and Hedging". The section on Finance Theory and Asset-Allocation opens with a...
Chapman and Hall/CRC – 2003, 600 p. ISBN: 1584883952 More than any other book available, Risk Analysis in Engineering and Economics introduces the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty...
Harper and Brothers, 1949. — 337 p. The publication of this book with its comprehensive descriptions of the development, functions, and operating methods of Commodity Exchanges is most timely. Since the organization of the first Commodity Exchange shortly after the Civil War, these Exchanges have been the scapegoats of producers, consumers, and politicians. They have been held...
2nd edition. — Wiley, 2011. — 432 p. — ISBN: 0470928638. Reflects the latest applied research and features state-of-the-art software for building and solving spreadsheet optimization models Thoroughly updated to reflect the latest topical and technical advances in the field, Optimization Modeling with Spreadsheets, Second Edition continues to focus on solving real-world...
3rd ed. — Wiley, 2016. — 392 p. in color. — ISBN: 1118937694, 9781118937693. Updated and revised, Optimization Modeling with Spreadsheets, Third Edition emphasizes model building skills in optimization analysis. By emphasizing both spreadsheet modeling and optimization tools in the freely available Microsoft Office Excel Solver, the book illustrates how to find solutions to...
2nd ed. — Wiley, 2019. — 638 p. — (Wiley series in operations research and management). — ISBN: 9781119262565, 1119262569, 9781119262589, 9781119262596. The second edition of Principles of Sequencing and Scheduling has been revised and updated to provide comprehensive coverage of sequencing and scheduling topics as well as emerging developments in the field. The text offers...
Wiley, 2009. – 493 p. – ISBN: 0470391650, 9780470391655 An up-to-date and comprehensive treatment of the fundamentals of scheduling theory, including recent advances and state-of-the-art topics Principles of Sequencing and Scheduling strikes a unique balance between theory and practice, providing an accessible introduction to the concepts, methods, and results of scheduling...
Cambridge University Press, 2008. — 300 p. — ISBN: 0521889073, 9780521889070 Price and quantity indices are important, much-used measuring instruments, and it is therefore necessary to have a good understanding of their properties. This book is the first comprehensive text on index number theory since Irving Fisher’s 1922 The Making of Index Numbers. The book covers...
Blue Owl Press, 2007. — 367 p. An introduction to many aspects of technical analysis and quantitative analysis. Emphasis is on removing the mysteries from things that work that you should know about debunking that do not work so that you do not need to spend time finding them out for yourself. Presents detailed explanation of data splitting into in-sample and out-of-sample...
Springer, 2012. — 269 p. — ISBN: 3642249736, 9783642249730. Industrial optimization lies on the crossroads between mathematics, computer science, engineering and management. This book presents these fields in interdependence as a conversation between theoretical aspects of mathematics and computer science and the mathematical field of optimization theory at a practical level....
Wiley, 2006. — 281 p. Organized along product lines, the book will analyze many of the original classes of structured assets, including mortgage- and asset-backed securities and strips, as well as the newest structured and synthetic instruments, including exchange-traded funds, credit derivative-based collateralized debt obligations, total return swaps, contingent convertibles,...
North-Holland Publishing Co., Amsterdam, 1981. — 378 p. A textbook on mathematical economics by a famous American economist. Consumption theory. Specifications and aggregation theory. Statistical theory. Data and results. Recursive subaggregation and a generalized. hypocycioidal demand model. Aggregation of monetary assets. Decision structure. Implicit utility models.
World Scientific – 2011, 280 p. ISBN: 9814293091, 9789814293099 The book surveys modern literature on financial aggregation and index number theory, with special emphasis on the contributions of the book's two coauthors. In addition to an introduction and a systematic survey chapter unifying the rest of the book, this publication contains reprints of six published articles...
New Riders – 2010, 360 p. ISBN: 0321637518, 9780321637512 Portfolios have always been artists' most valuable tools for communicating their talents to the outside world, whether to potential employers or galleries or clients. But the days of sketches and slides have given way to arrangements of digital assets that are both simpler and more complex than their traditional analog...
2nd Edition. — Springer-Verlag, London, Ltd., 2017. — 843 p. — (Springer Finance) — ISBN: 144717321X. This work, now in a thoroughly revised second edition, presents the economic foundations of financial markets theory from a mathematically rigorous standpoint and offers a self-contained critical discussion based on empirical results. It is the only textbook on the subject to...
World Scientific – 2009, 248 p. ISBN: 9812836454 Model Building is the most fruitful area of economics, designed to solve real-world problems using all available methods such as mathematical, computational and analytical, without distinction. Wherever necessary, we should not be reluctant to develop new techniques, whether mathematical or computational. That is the philosophy...
Wiley, 2012. — 548 p. — ISBN: 9780470872512 A complete guide to the theory and practice of volatility models in financial engineering Volatility has become a hot topic in this era of instant communications, spawning a great deal of research in empirical finance and time series econometrics. Providing an overview of the most recent advances, Handbook of Volatility Models and...
Cheltenham: Edward Elgar Publishing, 2014. — 496 p. This impressive Handbook presents the quantitative techniques that are commonly employed in empirical finance research together with real-world, state-of-the-art research examples. Written by international experts in their field, the unique approach describes a question or issue in finance and then demonstrates the...
Academic Press, 2019. — 306 p. — ISBN: 978-0-12-814940-9. This book covers a hot topic in risk management. Both IFRS 9 and CECL accounting standards require Banks to adopt a new perspective in assessing Expected Credit Losses. The book explores a wide range of models and corresponding validation procedures. The most traditional regression analyses pave the way to more...
Boca Raton: CRC Press, 2021. — 373 p. In the modern world, the grossest product is created within Enterprise firms, project programs, state agencies, transnational corporations, and their divisions, as well as various associations and compositions of the above entities. Enterprises, being, on the one hand, complex, and, on the other hand, widespread systems, are the subject...
North Holland, 2009. — 684 p. — ISBN: 0444518797, 9781857283259 Mathematical finance is a prolific scientific domain in which there exists a particular characteristic of developing both advanced theories and practical techniques simultaneously. Mathematical Modeling and Numerical Methods in Finance addresses the three most important aspects in the field: mathematical models,...
Springer, 2016. — 360 p. — (Springer Proceedings in Mathematics & Statistics 138). — ISBN: 9783319234243, 9783319234250 These Proceedings offer a selection of peer-reviewed research and survey papers by some of the foremost international researchers in the fields of finance, energy, stochastics and risk, who present their latest findings on topical problems. The papers cover...
Springer – 2011, 484 p. ISBN: 1441995854 This volume presents a collection of contributions dedicated to applied problems in the financial and energy sectors that have been formulated and solved in a stochastic optimization framework. The invited authors represent a group of scientists and practitioners, who cooperated in recent years to facilitate the growing penetration of...
Chapman & Hall/CRC – 2010, 236 p. ISBN: 1420085840 Eschewing a more theoretical approach, Portfolio Optimization shows how the mathematical tools of linear algebra and optimization can quickly and clearly formulate important ideas on the subject. This practical book extends the concepts of the Markowitz "budget constraint only" model to a linearly constrained model. Only...
Springer, 2013. — 220 p. — (Lecture Notes in Economics and Mathematical Systems) — ISBN: 3642349242, 9783642349256 The class of interest rate models introduced by O. Cheyette in 1994 is a subclass of the general HJM framework with a time dependent volatility parameterization. This book addresses the above mentioned class of interest rate models and concentrates on the...
Springer, 2018. - 330 p. - ISBN: 9811316953 Discussing a wide range of topics of contemporary relevance from the domain of finance and economics, this book presents a collection of twenty-four research papers, which were selected on the basis of their topicality, the novelty of their methods, and the importance of their subject matter. All papers pursue an empirical approach...
Springer, 2018. - 330 p. - ISBN: 9811316953 Discussing a wide range of topics of contemporary relevance from the domain of finance and economics, this book presents a collection of twenty-four research papers, which were selected on the basis of their topicality, the novelty of their methods, and the importance of their subject matter. All papers pursue an empirical approach...
World Scientific – 2010, 354 p. ISBN: 9814304859, 9789814304856 This book provides a comprehensive account of stochastic filtering as a modeling tool in finance and economics. It aims to present this very important tool with a view to making it more popular among researchers in the disciplines of finance and economics. It is not intended to give a complete mathematical...
Springer, 2019. — 85 p. — (SpringerBriefs in Applied Sciences and Technology). — ISBN: 9783030000356, 9783030000363. This book covers various multiple-criteria decision making (mcdm) methods for modeling and optimization of advanced manufacturing processes (AMPs). Processes such as non-conventional machining, rapid prototyping, environmentally conscious machining and hybrid...
Wiley, 2013. — 336 p. — ISBN: 978-1119971917. A comprehensive introduction to various numerical methods used in computational finance today Quantitative skills are a prerequisite for anyone working in finance or beginning a career in the field, as well as risk managers. A thorough grounding in numerical methods is necessary, as is the ability to assess their quality,...
Springer, 2010. — 384 p. — ISBN: 3642040225, 9783642040221 Over the last two decades there has been a great deal of research into nonlinear dynamic models in economics, finance and the social sciences. This book contains twenty papers that range over very recent applications in these areas. Topics covered include structural change and economic growth, disequilibrium dynamics...
Springer, 2014. — 158 p. 34 illus., 10 illus. in color. — ISBN: 1489974687, 9781489974686 This book provides a complete analysis of educational production and costs using the nonparametric technique known as Data Envelopment Analysis (DEA). The book focuses on estimation of technical, allocative and scale efficiency in the public sector characterized by the influence of...
Amazon Digital Services, 2017. — 59 p. — ASIN: B01N80I0NG The existence of a maximum propagation speed for goods and information in a financial or economical system leads to an Economic Theory of Relativity. From this fact, eminent danger arises from the so-called “high-frequency-trading” and other financial “inventions” as being partially decoupled from the market of real...
Wiley, 2014. — 624 p. — (Wiley Finance). — ISBN: 1118854365, 9781118854365 A clear and comprehensive guide to financial modeling and valuation with extensive case studies and practice exercises Corporate and Project Finance Modeling takes a clear, coherent approach to a complex and technical topic. Written by a globally-recognized financial and economic consultant, this book...
Palgrave Macmillan, 2015. — 232 p. — ISBN: 1137339802, 9781137339805 Boero R., Morini M. , Sonnessa M., Terna P. Agent-Based Models Of The Economy uses agent-based models for understanding a broad spectrum of economic phenomena. This book aim is twofold. First, it introduces the reader to the methodology and to the technicalities and the tools necessary to master the creation...
Springer, 2013. — 169 p. 34 illus. — ISBN: 3642380697, 9783642380693 Systems for Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP) are currently separate. The potential of the latest technologies and changes in operational and analytical applications over the last decade have given rise to the unification of these systems, which can be of benefit for...
Springer, 2015. — 298 p. — (Management for Professionals). — ISBN: 1461460425, 9781461460428 This book, therefore, focuses on comprehensive evaluations, taking into account the simultaneous use of multiple resources to produce multiple services. We use recent advances in benchmarking, most notably the data envelopment analysis (DEA) and stochastic frontier analysis (SFA)...
Cambridge University Press, 1985. - 140 p. One of the problems in economics to which economists have devoted a considerable amount of attention in recent years has been to ensure consistency in the models they employ. Assuming markets to be generally in some state of equilibrium, it must be asked under what circumstances such an equilibrium is possible. The fundamental...
Springer – 2006, 459 p. ISBN: 0387310983 Formal decision and evaluation models are sets of explicit and well-defined rules to collect, assess, and process information in order to be able to make recommendations in decision and/or evaluation processes. They are so widespread that almost no one can pretend not to have used or suffered the consequences of one of them. In our...
Springer, 2008. — 207 p. The book is based on author’s Ph.D. Thesis entitled ‘Pricing Interest – Rate Derivatives with Fourier Transform Techniques’. The main objective of this research work was to derive an efficient and accurate pricing tool for interest rate derivatives within a Fourier transform pricing approach, which is generally applicable to exponential-affine...
Oxford University Press, 2007, 489 p. There are many textbooks for business students that provide a systematic, introductory development of the economics of financial markets. However, there are as yet no introductory textbooks aimed at more easily daunted undergraduate liberal arts students. Introduction to the Economics of Financial Markets fills this gap by providing an...
Wiley – 2002, 655 p. ISBN: 0470844663, 9780470844663 Essential Mathematics for Economics and Business has become established as one of the leading introductory books on mathematics. It combines a non-rigorous approach to mathematics with applications in economics and business. The fundamental mathematical concepts are explained as simply and as briefly as possible, using a wide...
John Wiley & Sons, Inc., 2017. — 780 p. — ISBN: 1118014774, 9781118014776. This comprehensive yet accessible book introduces students to financial markets and delves into more advanced material at a steady pace while providing motivating examples, poignant remarks, counterexamples, ideological clashes, and intuitive traps throughout. Tempered by real-life cases and actual...
John Wiley & Sons, Inc., 2017. — 780 p. — ISBN: 1118014774, 9781118014776. !Solution manual + errata This comprehensive yet accessible book introduces students to financial markets and delves into more advanced material at a steady pace while providing motivating examples, poignant remarks, counterexamples, ideological clashes, and intuitive traps throughout. Tempered by...
Wiley-Interscience, 2001. - 416 p. Balanced coverage of the methodology and theory of numerical methods in finance Numerical Methods in Finance bridges the gap between financial theory and computational practice while helping students and practitioners exploit MatLAB for financial applications. Paolo Brandimarte covers the basics of finance and numerical analysis and provides...
Wiley, 2011. - 912 p. ISBN: 0470496347 An accessible introduction to the essential quantitative methods for making valuable business decisions. Quantitative methods-research techniques used to analyze quantitative data-enable professionals to organize and understand numbers and, in turn, to make good decisions. Quantitative Methods: An Introduction for Business Management...
Springer – 2005, 258 p. ISBN: 0387251170, 9780387251172. The use of mathematical models and numerical techniques in finance is a growing practice, and an increasing number of applied mathematicians are working on applications in finance and business. Numerical Methods in Finance presents some exciting developments arising from the combination of mathematics, numerical analysis,...
Morgan Kaufmann, 2008. – 464 p. – ISBN: 0123741513, 9780123741516 As business modeling becomes mainstream, every year more and more companies and government agencies are creating models of their businesses. But creating good business models is not a simple endeavor. Business modeling requires new skills. Written by two business modeling experts, this book shows you how to make...
North Holland – 1989, 390 p. ISBN: 0444705007 This is the first economics work of its kind offering the economist the opportunity to acquire new and important analytical tools. It introduces the reader to three advanced mathematical methods by presenting both their theoretical bases and their applications to a wide range of economic models. The mathematical methods presented...
North Holland, 1989. —— 390 p. This is the first economics work of its kind offering the economist the opportunity to acquire new and important analytical tools. It introduces the reader to three advanced mathematical methods by presenting both their theoretical bases and their applications to a wide range of economic models. The mathematical methods presented are ordinary...
Springer – 2008, 204 p. ISBN: 3540765905, 9783540765905 This monograph presents a general equilibrium methodology for microeconomic policy analysis. It is intended to serve as an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreu`s Theory of Value (1959) or Arrow and Hahn`s General Competitive Analysis (1971). The methodology proposed...
Springer, 2006. — 310 p. 93 illus. — ISBN: 3540372490, 9783540372493 Series: Lecture Notes in Economics and Mathematical Systems, Vol. 584 This book is based on communications given at AE’2006 (Aalborg, Denmark) – the second symposium on Artificial Economics. Perceiving the economy as a complex dynamic system demands new tools for its study. As a constructive simulation method,...
World Scientific Publishing – 2010, 491 p. ISBN: 9789812818348, 9812818340 General equilibrium theory is one of the major research programs in modern economics. It aims to describe and understand the functioning and properties of market economies. Developments of and reactions to this program constitute a major part of economics. In order to achieve its ends, general...
Springer, 2016. — 315 c. — (Operations Research and Financial Engineering). — ISBN: 3319296787 Covers fields which are not available in book form and are spread over the literature Provides an accessible introduction to a complicated stochastic model A readable overview of one of the most complicated topics on applied probability theory In this monograph the authors give a...
Cambridge: Cambridge University Press, 2011. - 185 p. Computable general equilibrium (CGE) models are widely used by governmental organizations and academic institutions to analyze the economy-wide effects of events such as climate change, tax policies, and immigration. This book provides a practical, how-to guide to CGE models suitable for use at the undergraduate college...
Springer, 2014. — 428 p. — ISBN: 1489974040, 9781489974051 Many interesting and important results on stochastic scheduling problems have been developed in recent years, with the aid of probability theory. This book provides a comprehensive and unified coverage of studies in stochastic scheduling. The objective is two-fold: (i) to summarize the elementary models and results in...
4th edition. — Cengage Learning, 2021. — 882 p. — ISBN: 978-0357131787. Develop the analytical skills that are in high demand in businesses today with Camm/Cochran/Fry/Ohlmann's best-selling Business Analytics, 4E. You master the full range of analytics as you strengthen descriptive, predictive, and prescriptive analytic skills. Real examples and memorable visuals illustrate...
Springer, 2019. — 144 p. — ISBN: 9781484250242. This book focuses on the use of quantitative methods for both business and management, helping readers understand the most relevant quantitative methods for managerial decision-making. Pursuing a highly practical approach, the book reduces the theoretical information to a minimum, so as to give full prominence to the analysis of...
Cambridge University Press, 2012. — 175 p. — (Mastering Mathematical Finance). ISBN: 1107003717 , 0415259827. Driven by concrete computational problems in quantitative finance, this book provides aspiring quant developers with the numerical techniques and programming skills they need. The authors start from scratch, so the reader does not need any previous experience of C++....
Cambridge University Press, 2023. — 741 p. — ISBN: 978-1-316-51619-5. Machine learning, Artificial Intelligence (AI), and Data Science (DS) pervades every aspect of our everyday lives. Many of the techniques developed by the Computer Science community are becoming increasingly used in the area of financial engineering, ranging from the use of Deep Learning methods for hedging...
Academic Press, 2019. — 229 p. — ISBN: 978-0-12-812219-8. IThis book facilitates access to fundamental techniques in computational and quantitative macroeconomics. It focuses on the recent and very promising software, Julia, which offers a MatLAB-like language at speeds comparable to C/Fortran, also discussing modeling challenges that make quantitative macroeconomics dynamic, a...
Routledge – 1997, 216 p. ISBN: 0415142997 This book considers the treatment of equilibrium by several of the most important schools of thought in economics, including: neoclassical economics, the neo-Ricardian economics, Post-Keynesian economics - both those who follow Joan Robinson in denying any interpretative role to equilibrium in economic theorizing and those who use the...
Springer – 2012, 125 p. ISBN: 9783642247453 This advanced textbook aims at providing a simple but fully operational introduction to applied general equilibrium. General equilibrium is the backbone of modern economic analysis and as such generation after generation of economics students are introduced to it. As an analytical tool in economics, general equilibrium provides one of...
Springer, 2012. — 474 p. — ISBN: 3642257453, 3642444075, 9783642257469 Numerical methods in finance have emerged as a vital field at the crossroads of probability theory, finance and numerical analysis. Based on presentations given at the workshop Numerical Methods in Finance held at the INRIA Bordeaux (France) on June 1-2, 2010, this book provides an overview of the major new...
Published in 2008 by John Wiley & Sons Ltd. The accompanying CD-ROM. Worked-out exercises from the book on Excel spreadsheets. Bonds and Swaps Futures and Forwards Options Volatility Portfolio Mapping
Volume 2 — Wiley, 2008. — 430 p. For well over a decade, econometrics has been one of the major routes into finance. I took this route myself several years ago. Starting an academic career as an algebraist, I then had a brief encounter with game theory before discovering that the skills of an econometrician were in greater demand. I would have found econometrics much more...
The MIT Press, 2001. — 665 p. — ISBN: 0262032899, 9780262032896 This book provides a comprehensive introduction to the mathematical foundations of economics, from basic set theory to fixed point theorems and constrained optimization. Rather than simply offer a collection of problem-solving techniques, the book emphasizes the unifying mathematical principles that underlie...
Springer – 2007, 462 p. ISBN: 9780387714349 A Statistical Approach is a textbook for a course in experimental optimization techniques for industrial production processes and other "noisy" systems where the main emphasis is process optimization. The book can also be used as a reference text by Industrial, Quality and Process Engineers and Applied Statisticians working in...
Cambridge University Press, 2011. – 358 p. – 3rd ed. – ISBN: 1107003490, 9781107003491 The approach of this text is to teach monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles instead,...
Abraham Charnes, William W. Cooper, Arie Y. Lewin, Lawrence M. Seiford (auth.) Springer, 1994. — 506 p. — ISBN: 9780792394808, 9789401106375 This book establishes a reference source for DEA that accomplishes the following seven objectives:Motivates DEA as a new approach to organizing and analyzing data beyond its origin in efficiency analyses; Presents an integrated framework,...
World Scientific Publishing Co. Pte. Ltd. – 2010, 248 p. ISBN: 9814282642 With the advance of new computing technology, simulation is becoming very popular for designing large, complex and stochastic engineering systems, since closed-form analytical solutions generally do not exist for such problems. However, the added flexibility of simulation often creates models that are...
Publisher: Wiley Finance, 2010. - 256 p. For a trader or an expert in finance, call him Mr Hyde, it is quite clear that a call or put spread is the derivative of an option and that a butterfly spread is the derivative of a call or put spread. Perhaps, he thinks, it should be approximately so. In fact, he knows that when a client asks for a digital option, he actually...
Bologna: Springer, 2015. - 113 p. Provides a collection of survey papers on the Marshall-Olkin distribution. Describes financial and economic applications. Unique reference for researchers and practitioners in stochastic models in economics. This book presents the latest advances in the theory and practice of Marshall-Olkin distributions. These distributions have been...
McGraw-Hill, 1984. — 788 p. Elegant Yet Lucid Writing Style: Chiang's strength is the eloquence of the writing and the manner in which it is developed. While the content of the text can be difficult, it is understandable. Meshes Sophisticated with the Accessible: Sophisticated material is presented in the text, but not a lot of prior knowledge is assumed. The background needed...
McGraw-Hill/Irwin – 2004, 700 p. ISBN: 0070109109, 9780070109100 It has been 20 years since the last edition of this classic text. Kevin Wainwright, a long time user of the text (British Columbia University and Simon Fraser University), has executed the perfect revision — -he has updated examples, applications and theory without changing the elegant, precise presentation style...
Springer, 2015. — 616 p. — (Dynamic Modeling and Econometrics in Economics and Finance 21). — ISBN: 9783662459058, 9783662459065 The book presents applications of stochastic calculus to derivative security pricing and interest rate modeling. By focusing more on the financial intuition of the applications rather than the mathematical formalities, the book provides the essential...
Singapore: World Scientific Publishing Company, 2014. - 450 p. The early exercise opportunity of an American option makes it challenging to price. The Numerical Solution of the American Option Pricing Problem focuses on three numerical methods that have proved useful for the numerical solution of the partial differential equations with free boundary problem arising in American...
Springer, 2016. — 189 p. — ISBN: 978-3662492284. This book examines sustainable wealth formation and dynamic decision-making. The global economy experienced a veritable meltdown of asset markets in the years 2007-9, where many funds were overexposed to risky returns and suffered considerable losses. On the other hand, the long-term upswing in the stock market since 2010 has led...
McGraw-Hill, 2006. — 690 p. Quantitative Equity Portfolio Management is a comprehensive guide to the entire process of constructing and managing a high-yield quantitative equity portfolio. This detailed handbook begins with the basic principles of quantitative active management and then clearly outlines how to build an equity portfolio using those powerful concepts. Financial...
Springer, 2013. – 350 p. – 75 illus., 25 illus. in color – ISBN: 1461451302, 9781461451310 Optimization, simulation and control are very powerful tools in engineering and mathematics, and play an increasingly important role. Because of their various real-world applications in industries such as finance, economics, and telecommunications, research in these fields is accelerating...
Springer International Publishing, Switzerland, 2016. — 660 p. — (Universitext) — ISBN: 3319255878. This book is an introduction to stochastic analysis and quantitative finance; it includes both theoretical and computational methods. Topics covered are stochastic calculus, option pricing, optimal portfolio investment, and interest rate models. Also included are simulations of...
Unpublished, 2010. — 144 p. The aim of this module is to learn to think about modeling in finance. To practice thinking about what is driving cause and effect in some simple models. To analyze the models numerically. In order to do this we shall have the following objectives. We shall learn how to use MatLAB to explore with models Basics of numerical linear algebra, ill-posed...
Department of Economics University of Maryland, Fifth Edition, January 2008 This is a book about how to build models of a business, an industry, or the whole economy. It explains techniques used both in simple, single-equation models for forecasting the sales of a single product of a single company and also in complex, many-equation models of an entire economy or of the world....
Department of Economics University of Maryland Draft of April 2004 In Part 1, we developed a very simple model and suggested some directions in which it could be expanded. In the present chapter, we will carry out some of the suggestions while trying to follow the good advice of the last chapter of Part 1. In particular, our model will refine the consumption and employment...
Department of Economics University of Maryland Part 3 turns to multisectoral models, models that distinguish different industries, such as chemicals or textiles. All of the techniques developed in Parts I and II remain useful, but must be supplemented by ways of handling the relations among industries.
Springer, 2006. — 350 p. — ISBN: 0387242651 An Introduction to Efficiency and Productivity Analysis is designed to be a general introduction for those who wish to study efficiency and productivity analysis. The book provides an accessible, well-written introduction to the four principal methods involved: econometric estimation of average response models; index numbers, data...
Cambridge University Press – 2006, 440 p. ISBN: 9780521865487, 0521865484 Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for...
Wiley, 2006. — 272 p. Beating the Financial Futures Market provides you with a straightforward, historically proven program to cut through the noise, determine what bits of information are valuable, and integrate those bits into an overall trading program designed to jump on lucrative trading opportunities as they occur. It will help you improve both your percentage of winning...
Springer, 2015. — 377 p. — (Dynamic Modeling and Econometrics in Economics and Finance 19). — ISBN: 3612587949, 9783319128047. The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugman’s New Economic Geography economic systems have a simple spatial structure. This book shows that more sophisticated...
John Wiley & Sons Ltd, 2003. — 472 p. — (Wiley Series in Probability and Statistics). — ISBN: 0471486957. The use of Bayesian statistics has grown significantly in recent years, and will undoubtedly continue to do so. Applied Bayesian Modeling is the follow-up to the author's best selling book, Bayesian Statistical Modeling, and focuses on the potential applications of Bayesian...
Wiley, 2014. — 464 p. — 2nd ed. — ISBN: 1119951518, 9781119951513 This book provides an accessible approach to Bayesian computing and data analysis, with an emphasis on the interpretation of real data sets. Following in the tradition of the successful first edition, this book aims to make a wide range of statistical modeling applications accessible using tested code that can be...
Woodhead Publishing Ltd., 1995. – 272 p. – ISBN: 1898563217, 9781898563211 This text embodies at advanced and postgraduate level the professional and technical experience of two experienced mathematicians. It covers a wide range of applications relevant in many areas, including actuarial science, communications, engineering, finance, gambling, house purchase, lotteries,...
Springer, 2014. — 600 p. 109 illus., 41 illus. in color. — ISBN: 1489980679, 9781489980687 This handbook serves as a complement to the Handbook on Data Envelopment Analysis (eds, W.W. Cooper, L.M. Seiford and J, Zhu, 2011, Springer) in an effort to extend the frontier of DEA research. It provides a comprehensive source for the state-of-the art DEA modeling on internal...
Springer – 2005, 425 p. ISBN: 038724137X Data Envelopment Analysis (DEA) is a data-oriented approach for performance evaluation and improvement. In recent years, we have observed a notable increase in interest in DEA techniques and their applications. Basic DEA models and techniques have been well documented in the DEA literature. Although these basic DEA models are useful in...
Springer, 2018. — 465 p. The interaction between mathematicians, statisticians and econometricians working in actuarial sciences and finance is producing numerous meaningful scientific results. This volume introduces new ideas, in the form of four-page papers, presented at the international conference Mathematical and Statistical Methods for Actuarial Sciences and Finance...
WIT Press / Computational Mechanics – 2006, 448 p. ISBN: 1845641744, 9781845641740 In the last two years, several major events have characterised the international financial markets. The most significant one was certainly the explosion of the price of commodities, in particular of oil, which has recently reached a level of 74 dollars. Analysts are now divided on where the...
Wiley, 1995. — 752 p. — ISBN: 0471598526, 9780471598527 Consists of invited papers, from internationally recognized researchers, chosen for their quality as well as their overall unity. Describes current methods along with innovative research and presents new technologies for solving problems unique to establishment surveys. Stages of the survey process are addressed in the...
Springer, 2009. – 307 p. – ISBN: 364202131X, 9783642021312 The book focuses on the sustainability of economic growth in a changing environment, under the effects of global warming, dwindling energy resources, and technological change. It also provides explanations for significant fluctuations in countries’ growth rates. The results are derived from historical evidence on...
Wiley – 2005, 736 p. ISBN: 0470091711, 9780470091715. This new edition of the hugely successful Quantitative Financial Economics has been revised and updated to reflect the most recent theoretical and econometric/empirical advances in the financial markets. It provides an introduction to models of economic behaviour in financial markets, focusing on discrete time series...
MIT Press – 2004, 514 p. ISBN: 0262532654, 9780262532655. Introduction to the Economics and Mathematics of Financial Markets fills the longstanding need for an accessible yet serious textbook treatment of financial economics. The book provides a rigorous overview of the subject, while its flexible presentation makes it suitable for use with different levels of undergraduate and...
Springer-Verlag Berlin Heidelberg, 2013. — 256 p. — (Springer Finance). — ISBN: 3642141994, 9783642141997, 9783642142000 In recent years there has been a significant increase of interest in continuous-time Principal-Agent models, or contract theory, and their applications. Continuous-time models provide a powerful and elegant framework for solving stochastic optimization...
Springer, 2007. — 330 p. — ISBN: 354071149X, 9783540711490 In modern financial practice, asset prices are modelled by means of stochastic processes, and continuous-time stochastic calculus thus plays a central role in financial modeling. This approach has its roots in the foundational work of the Nobel laureates Black, Scholes and Merton. Asset prices are further assumed to be...
ISTE/John Wiley, 2013. — 188 p. With the irruption of electronic markets and the widespread use of quantitative models for trading, order execution and risk management, financial markets have evolved from the low-tech environment where they started from a few decades ago to the one where market participants routinely employ advanced data processing techniques to analyze large...
RAND Corporation – 2008, 202 p. ISBN: 9780833042149 This monograph presents a framework, methods, and tools to support capabilities analysis and related tradeoff work within the Department of Defense and the military Services. The monograph deals with choice and risk. Some parts of the monograph are written for decisionmakers. These sections recommend and illustrate principles...
CRC Press, 2014. — 522 p. — ISBN: 143987168X, 9781439871683 Teach Your Students How to Become Successful Working Quants Quantitative Finance: A Simulation-Based Introduction Using Excel provides an introduction to financial mathematics for students in applied mathematics, financial engineering, actuarial science, and business administration. The text not only enables students...
Pearson Education, 2001. - 391 p. - ISBN: 9780273643104. With every major choice we face we "run through the numbers" to guide our decision-making and legitimise the outcomes. Financial modeling helps managers to make more informed decisions and, crucially, win corporate commitment for those decisions. The ability to construct useful financial models with speed and accuracy is...
Palgrave Pivot, 2018. — 123 p. — ISBN: 978-3-319-75126-9. This book focuses on the role of corporations in the transition towards an economy that works more in line with ecological limits. It is centred on business model innovation in the context of the circular economy, which is gaining consensus across business, policy and academic circles by proposing more resource efficient...
Palgrave Pivot, 2018. — 123 p. — ISBN: 978-3-319-75126-9. This book focuses on the role of corporations in the transition towards an economy that works more in line with ecological limits. It is centred on business model innovation in the context of the circular economy, which is gaining consensus across business, policy and academic circles by proposing more resource efficient...
Cambridge University Press, 2000. – 836 p. – ISBN: 0521585295, 0521585120, 9780521585293 This book is intended as a textbook for a first-year Ph.D. course in mathematics for economists and as a reference for graduate students in economics. It provides a self-contained, rigorous treatment of most of the concepts and techniques required to follow the standard first-year theory...
Hoboken: Wiley, 2018. — 393 p. Machine learning (ML) is changing virtually every aspect of our lives. Today ML algorithms accomplish tasks that until recently only expert humans could perform. As it relates to finance, this is the most exciting time to adopt a disruptive technology that will transform how everyone invests for generations. Readers will learn how to structure Big...
Kusuoka S., Maruyama T. (eds.) — Vol. 1 — Springer Japan, 1999. — 142 p. — ISBN: 9784431658979, 9784431658955 On the use in economic theory of some central results of mathematical analysis Heterogenous probabilities in complete asset markets Convergences in L X 1 ( μ ) Product differentiation and market power A Remark on default risk models Evaluation of yield spread for credit...
Palgrave Macmillan, 2015. — 301 p. The global financial crisis has reopened discussion surrounding the use of appropriate theoretical financial frameworks to reflect the current economic climate. There is a need for more sophisticated analytical concepts which take into account current quantitative changes and unprecedented turbulence in the financial markets. This book...
Springer – 2009, 281 p. ISBN: 3642026079 Problems of stochastic optimization and various mathematical aspects of risk are the main themes of this contributed volume. The readers learn about the recent results and techniques of optimal investment, risk measures and derivative pricing. There are also papers touching upon credit risk, martingale theory and limit theorems....
Springer – 2008, 387 p. ISBN: 3540219927, 9783540219927 Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history of modern mathematical finance and now forms the cornerstone of this book. Puts into book format a series of major results due mostly to the authors of this book. Embeds highest-level research...
Springer, 2015. — 278 p. — ISBN: 9781489975461, EISBN: 9781489975478 This book aims at illustrating strategies to account for uncertainty in complex systems described by computer simulations. When optimizing the performances of these systems, accounting or neglecting uncertainty may lead to completely different results; therefore, uncertainty management is a major issues in...
Wiley, 2011. — 200 p. Presents a compelling, accessible and provocative reasons with regards to why confusing illusion with reality can lead to disaster, on the Street and in Life.
Springer, 2012. — 603 p. — ISBN: 3834930601 Quantitative marketing has been gaining importance during the last decade. This is indicated by the growing number of model- and method-oriented studies published in leading journals as well as by the many successful applications of quantitative approaches in pricing, advertising, new product planning, and market segmentation...
Cambridge University Press – 2009, 135 p. ISBN: 9780521119764 In these two lectures Peter Diamond explores how time is modeled in theoretical analyses of individual industries and of an entire economy. In the first lecture he considers equilibrium in a single market by examining the distinction between the short run and the long run in Marshallian analysis. He proposes an...
New York: Routledge, 2007. - 192 p. Written in a rigorous yet logical and easy to use style, spanning a range of disciplines, including business, mathematics, finance and economics, this comprehensive textbook offers a systematic, self-sufficient yet concise presentation of the main topics and related parts of stochastic analysis and statistical finance that are covered in the...
Springer, 2014. — 110 p. — ISBN: 3319058630, 9783319058641 This book provides a concise introduction into the fundamentals and applied techniques of multiple criteria decision making in the finance sector. Based on an analysis of the nature of financial decisions and the general methods of financial modeling, risk management and financial engineering, the book introduces into...
Springer, 2016. — 337 p. — (International Series in Operations Research & Management). — ISBN: 9783319331195, 9783319331218 This book provides a broad coverage of the recent advances in robustness analysis in decision aiding, optimization, and analytics. It offers a comprehensive illustration of the challenges that robustness raises in different operations research and...
Palgrave Macmillan, 2005. — 320 p. — ISBN13: 978-1-4039-9665-7, ISBN: 1-4039-9665-2. The purpose of this book is to introduce the field of bioinformatics to financial modeling. It focuses on the way information informs price, and constructs a framework to explain information generation and the agglomeration process, enabling the reader to make more effective financial...
New York: McGraw-Hill, 2000. — 552 p. Tough Test Questions? Missed Lectures? Not Enough Time? Fortunately for you, there's Schaum's Outlines. More than 40 million students have trusted Schaum's to help them succeed in the classroom and on exams. Schaum's is the key to faster learning and higher grades in every subject. Each Outline presents all the essential course information...
Springer – 2012, 812 p. ISBN: 3642172539 Latest volume in the Springer Handbooks of Computational Statistics series Addresses the broad application of computational statistics to the world of finance Covers Modern financial Tools; Computational efficient algorithms; Pricing of complex products; Risk behavior; Pricing kernels and more Any financial asset that is openly traded...
CRC, 2016. — 502 p. This book is especially relevant to undergraduates, postgraduates and researchers studying quantitative techniques as part of business, management and finance. It is an interdisciplinary book that covers all major topics involved at the interface between business and management on the one hand and mathematics and statistics on the other. Managers and others...
American Mathematical Society, 2019. — 238 p. — (AMS/MAA Textbooks. Vol. 49). — ISBN: 9781470448394. Mathematical Modeling in Economics and Finance is designed as a textbook for an upper-division course on modeling in the economic sciences. The emphasis throughout is on the modeling process including post-modeling analysis and criticism. It is a textbook on modeling that...
Unpublished, 2011. — 282 p. A concise and clear introduction to stochastic modeling in Finance. The following among other topics are covered: Options and Derivatives Speculations and Hedging Arbitrage Mathematical Modeling Randomness and Stochastic Processes in Binomial Settings Binomial Option Pricing First Step Analysis of Stochastic Processes Limit Theorems for Stochastic...
Springer, 2014. — 394 p. — ISBN: 9783662434369, 9783662434376 This volume describes how frontier efficiency methodologies such as Data Envelopment Analysis (DEA) and other techniques such as multi-criteria decision making can help service industries to improve their performance by providing a ranking of best-practice efficient service units and by identifying sources of...
Springer, 2014. — 293 p. — ISBN: 3642413714, 9783642413711 The intensity of global competition and ever-increasing economic uncertainties has led organizations to search for more efficient and effective ways to manage their business operations. Data envelopment analysis (DEA) has been widely used as a conceptually simple yet powerful tool for evaluating organizational...
Springer, 2008. — 165 p. This is the first monograph on fuzzy portfolio optimization. By using fuzzy mathematical approaches, quantitative analysis, qualitative analysis, the experts' knowledge and the investors' subjective opinions can be better integrated into portfolio selection models. The contents of this book mainly comprise of the authors' research results for fuzzy...
Springer – 2005, 183 p. ISBN: 038724963X The key unifying conceptual tool of this important entry in the study of efficiency and productivity is the directional distance function. In New Directions the authors take up this new performance measure while also maintaining their "traditional" axiomatic production theoretic approach. The directional distance function includes...
Cambridge University Press – 1994, 312 p. ISBN: 0521420334 This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. The authors construct a variety of production frontiers, and by measuring distances to them are able to develop a model of efficient producer behavior and a taxonomy of possible types of departure...
World Scientific, 2015. — 112 p. — (Now Publishers Series in Business, Vol. 8) — ISBN: 9814644544 Data Envelopment Analysis (DEA) is often overlooked in empirical work such as diagnostic tests to determine whether the data conform with technology which, in turn, is important in identifying technical change, or finding which types of DEA models allow data transformations,...
Springer – 2007, 168 p. ISBN: 0387369481 Economists have long studied the efficiency of firms, industries, and entire economies. This volume brings together leading scholars to make connections between efficiency and a number of diverse areas of current interest to economists, including an examination of the efficiency of tax systems across generations that overlap, and the...
N.-Y.: Taylor & Francis, 2005. - 174 p. This new book will be welcomed by econometricians and students of econometrics everywhere. Introducing discrete time modeling techniques and bridging the gap between economics and econometric literature, this ambitious book is sure to be an invaluable resource for all those to whom the terms unit roots, cointegration and error correction...
N.-Y.: Springer, 2002. - 177 p. Stochastic Portfolio Theory. Stock Market Behavior and Diversity. Functionally Generated Portfolios. Portfolios of Stocks Selected by Rank. Stable Models for the Distribution of Capital. Performance of Functionally Generated Portfolios. Applications of Stochastic Portfolio Theory. Evaluation of Local Times.
John Wiley & Sons, 2013. — 320 p. — ISBN: 1118312635 The mathematical and statistical tools needed in the rapidly growing quantitative finance field With the rapid growth in quantitative finance, practitioners must achieve a high level of proficiency in math and statistics. Mathematical Methods and Statistical Tools for Finance, part of the Frank J. Fabozzi Series, has been...
CRC Press, 2018. — 451 p. — (Textbooks in mathematics). — ISBN: 978-1-1385-5661-4. This book is written for decision makers at all levels. This book presents the latest tools and techniques available to help in the decision process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling. This book emphasizes and...
Cambridge University Press – 2008, 369 p. ISBN: 0521087562, 9780521087568 Applied General Equilibrium (AGE) models have proven to be the tool of choice for analyzing the North American Free Trade Agreement (NAFTA). This collection contains the most important contributions to this burgeoning literature by many of the leading practitioners in the field. It also contains an...
Society for Industrial and Applied Mathematics – 2002, 212 p. ISBN: 0898715091, 9780898715095 Many advances have taken place in the field of combinatorial algorithms since Methods of Mathematical Economics first appeared two decades ago. Despite these advances and the development of new computing methods, several basic theories and methods remain important today for...
Revised Edition. — Cambridge University Press, 2009. — 456 p. — ISBN: 9780521112437. This lively and engaging textbook explains the things you have to know in order to read empirical papers in the social and health sciences, as well as the techniques you need to build statistical models of your own. The author, David A. Freedman, explains the basic ideas of association and...
Oxford University Press – 2008, 653 p. ISBN: 0195183525 When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several chapters, providing the...
Cambridge University Press, 2019. — 432 p. — ISBN: 978-1-107-04246-9. In recent years, interest in rigorous impact evaluation has grown tremendously in policy-making, economics, public health, social sciences and international relations. Evidence-based policy-making has become a recurring theme in public policy, alongside greater demands for accountability in public policies...
Academic Press, 2019. — 320 p. — ISBN: 978-0-12-815719-0. This book advances the established bivariate econometric relationship which inextricably links energy consumption to economic growth. The book extends this "nexus" to accommodate variables such as globalization, institutional variables, financial variables and the energy "mix." Rooted firmly in the modern literature, it...
Academic Press, 2017. — 267 p. — ISBN: 978-0-12-803834-5. This book describes the principal elements of agent-based computational economics (ACE). It illustrates ACE’s theoretical foundations, which are rooted in the application of the concept of complexity to the social sciences, and it depicts its growth and development from a non-linear out-of-equilibrium approach to a...
Wiley, 2004. — 223 p. Most book readers are likely to concur with the idea that the least read portion of any book is the preface. With that in mind, and the fact that the reader has indeed taken the trouble to read up to this sentence, we promise to leave no stone unturned to make this preface as lively and entertaining as possible. For your reading pleasure, here is a nice...
New York: Springer, 2005. — 352 p. Gandolfo' s masterful book on economic dynamics is the premier source on dynamic mathematical tools for economists, with illustrations from many areas of current economic research. Not only is the book valuable as an encyclopedic reference book for researchers but is an excellent choice for a textbook on economic dynamics. Gandolfo has managed...
CRC Press, 2010. - 244 p. The Certified Function Point Specialist Examination Guide provides a complete and authoritative review of the rules and guidelines prescribed in the release of version 4.3 of the Function Point Counting Practices Manual (CPM). Providing a fundamental understanding of the IFPUG Functional Size Measurement method, this is the ideal study guide for the...
Oxford University Press, 2006. — 397 p. National and global macroeconometric modeling has had a long and venerable history in the UK, with important implications for macroeconomic policy in general and monetary policy in particular. It is an activity that involves sustained research input of several investigators with a variety of skills. The present work is not an exception...
Cambridge University Press, 2018. — 260 p. — ISBN: 978-1-108-41499-9. In contrast to mainstream economics, complexity theory conceives the economy as a complex system of heterogeneous interacting agents characterised by limited information and bounded rationality. Agent Based Models (ABMs) are the analytical and computational tools developed by the proponents of this emerging...
Springer, 2014. — 225 p. — (Lecture Notes in Economics and Mathematical Systems). — ISBN: 3319083228, 9783319083223 The book is a benefit for graduate and postgraduate students in the areas of operations research, decision theory, optimization theory, linear algebra, interval analysis, and fuzzy sets. The book will also be useful for the researchers in the respective areas. The...
Springer, 2015. — 268 p. — ISBN: 9783642420382, IESBN: 9783642420399. In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate nonlinearities in econometric models and...
Academic Press, 2002. – 374 p. – ISBN: 0122796705, 9780122796708 An Introduction to Wavelets and Other Filtering Methods in Finance and Economics presents a unified view of filtering techniques with a special focus on wavelet analysis in finance and economics. It emphasizes the methods and explanations of the theory that underlies them. It also concentrates on exactly what...
3rd ed. — Springer, 2018. — 610 p. — (International Series in Operations Research & Management Science 272). — ISBN: 9783319910857, 9783319910864. The third edition of this handbook is designed to provide a broad coverage of the concepts, implementations, and applications in metaheuristics. The book’s chapters serve as stand-alone presentations giving both the necessary...
2nd ed. — Springer, 2010. — 648 p. — (International Series in Operations Research & Management Science 146). — ISBN: 1441916636 The first edition of the Handbook of Metaheuristics was published in 2003 under the editorship of Fred Glover and Gary A. Kochenberger. Given the numerous developments observed in the field of metaheuristics in recent years, it appeared that the time...
Leiden: Jartinus Viihoff Social Sciences Division, 2013. — 97 p. Since Leontief's pioneering work in the 1940's, input-output models have achieved great popularity in applied economic analysis. This has occurred largely because researchers have found the input-output approach to be useful in examining a wide range of economic problems. For example, these models in their...
WSPC, 2012. — 480 p. — (Interdisciplinary Mathematical Sciences, Volume 14). — ASIN B00GXMQLU2. Computational finance is an interdisciplinary field which joins financial mathematics, stochastics, numerics and scientific computing. Its task is to estimate as accurately and efficiently as possible the risks that financial instruments generate. This volume consists of a series of...
Boca Raton: CRC Press, 2014. - 204 p. A reference for those working at the interface of operations planning and optimization modeling, Operations Planning: Mixed Integer Optimization Models blends essential theory and powerful approaches to practical operations planning problems. It presents a set of classical optimization models with widespread application in operations...
New York: Springer, 2004. — 421 p. ´Fuzzy Sets in the Management of Uncertainty´ presents an overview of current problems in business management, primarily for those situations involving decision making of an economic-financial nature. The monograph therefore discusses problems of planning, programming, control and brings light to the entire financial network in its three...
New York: Academic Press, 2011. - 588 p. This book describes computational finance tools. It covers fundamental numerical analysis and computational techniques, such as option pricing, and gives special attention to simulation and optimization. Many chapters are organized as case studies around portfolio insurance and risk estimation problems. In particular, several chapters...
2nd ed. — Academic Press, 2019. — 640 p. — ISBN: 0128150653, 9780128150658. Computationally-intensive tools play an increasingly important role in financial decisions. Many financial problems-ranging from asset allocation to risk management and from option pricing to model calibration-can be efficiently handled using modern computational techniques.Numerical Methods and...
Unpublished, 2008. — 103 p. The aim is to provide an overview of the basic computational tools that are used by financial engineers. The course combines an introduction to pricing financial derivatives with finite differences, Monte Carlo simulation and lattice based methods and to portfolio selection models. Emphasis is on practical implementations and numerical issues.
Academic Press, 2013. — 544 p. — ISBN: 0124016901, 9780124016903 Multi-Asset Risk Modeling describes, in a single volume, the latest and most advanced risk modeling techniques for equities, debt, fixed income, futures and derivatives, commodities, and foreign exchange, as well as advanced algorithmic and electronic risk management. Beginning with the fundamentals of risk...
Springer International Publishing AG, 2018. — 183 p. — (EcoProduction. Environmental Issues in Logistics and Manufacturing) — ISBN: 3319603531. The present customers' consumption models result in an increasing number of used products that need to be collected and reused or disposed. Remanufacturing is a favourable scenario in order to recover the end-of-use products. It allows...
Bentham Science Publishers, 2017. — 222 p. — ISBN: 978-1-68108-547-0. The internet represents a rapidly evolving set of technologies which is central to the development of a modern economy. Internet Economics: Models, Mechanisms and Management integrates knowledge about internet service design with economic modeling principles (pricing, cost and service models). Chapters...
2nd ed. — Springer, 2015. — 366 p. — ISBN: 9783662458501, EISBN: 9783662458518 This book provides an introduction to investment appraisal and presents a range of methods and models, some of which are not widely known, or at least not well covered by other textbooks. Each approach is thoroughly described, evaluated and illustrated using examples, with its assumptions and...
Salem Press – 2011, 1191 p. ISBN: 1587658445 A fascinating exploration of how mathematics affects our daily lives in sociological, economic, and historical perspectives. Mathematics is at the root of modern civilization, from measuring temperature on a frigid day to driving a car to using a digital camera enthusiasts might say applied mathematics rules the world. The...
The McGraw-Hill Companies – 2010, 528 p. ISBN: 0071663703 If we have learned anything from the global financial collapse of 2008, it is this: the mathematical risk models currently used by financial institutions are no longer adequate quantitative measures of risk exposure. In The Risk Modeling Evaluation Handbook, an international team of 48 experts evaluates the problematic...
Wiley, 2011. - 167 p. Introducing Data Envelopment Analysis (DEA) - a quantitative approach to assess the performance of hedge funds, funds of hedge funds, and commmodity trading advisors. Steep yourself in this approach with this important new book by Greg Gregoriou and Joe Zhu. "This book steps beyond the traditional trade-off between single variables for risk and return in...
Wiley, 2012. — 480 p. The Art and Science of Technical Analysis is a groundbreaking work that bridges the gaps between the academic view of markets, technical analysis, and profitable trading. The book explores why randomness prevails in markets most, but not all, of the time and how technical analysis can be used to capture statistically validated patterns in certain types of...
London, New York, UK, USA: Routledge, 2002. — 321 p. — ISBN: 041530167X. The present book is a second collection of my essays on the history of economics, the first concentrating on the previous centuries, particularly the eighteenth. This book, as its title satisfactorily indicates, includes a selection of my contributions to nineteenth- and twentieth-century economics. Their...
Springer, 2015. — 322 p. — ISBN: 9783319119489, 9783319119496 Providing a comprehensive overview of various methods and applications in decision engineering, this book presents chapters written by a range experts in the field. It presents conceptual aspects of decision support applications in various areas including finance, vendor selection, construction, process management,...
Springer – 2010, 807 p. ISBN: 0387774386, 0387774394 Puts a contemporary spin on the Markowitz models and techniques that have served as the foundation for portfolio construction and analysis for fifty years Features prominent academics and practitioners in the field, including Nobel Prize winners Paul Samuelson, Eli Schwartz (Lehigh University), C.F. Lee (Rutgers University),...
2nd Edition. — Springer, 2019. — 346 p. This book offers a comprehensive and readable introduction to modern business and data analytics. It is based on the use of Excel, a tool that virtually all students and professionals have access to. The explanations are focused on understanding the techniques and their proper application, and are supplemented by a wealth of in-chapter...
2nd Edition. — Springer, 2019. — 346 p. This book offers a comprehensive and readable introduction to modern business and data analytics. It is based on the use of Excel, a tool that virtually all students and professionals have access to. The explanations are focused on understanding the techniques and their proper application, and are supplemented by a wealth of in-chapter...
Springer, 2012. – 376 p. – ISBN: 3642312136, 9783642312144 Asymptotic analysis of stochastic stock price models is the central topic of the present volume. Special examples of such models are stochastic volatility models, that have been developed as an answer to certain imperfections in a celebrated Black-Scholes model of option pricing. In a stock price model with stochastic...
Springer, 2013. — 332 p. — 2nd ed. — ISBN: 1461481538, 9781461481539 Elliptically Contoured Models in Statistics and Portfolio Theory fully revises the first detailed introduction to the theory of matrix variate elliptically contoured distributions. There are two additional chapters, and all the original chapters of this classic text have been updated. Resources in this book...
Springer, 2014. — 328 p. — (Studies in Fuzziness and Soft Computing, Vol. 316). — ISBN: 364254651X, 9783642546518 This monograph presents a comprehensive study of portfolio optimization, an important area of quantitative finance. Considering that the information available in financial markets is incomplete and that the markets are affected by vagueness and ambiguity, the...
SAGE, 2015. — 286 p. — ISBN: 9351501035, 9789351501039 This book is the first of its kind on qualitative research in management in the Indian context. It covers the philosophy and practice of qualitative research, and presents the journeys of 10 management scholars who describe their experiences of doing qualitative research while explaining their choice of varied methods. Both...
Amsterdam: Springer, 1997. - 360 p. This volume presents some of the most important mathematical tools for studying economic models. It contains basic topics concerning linear differential equations and linear discrete-time systems; a sketch of the general theory of nonlinear systems and the stability of equilibria; an introduction to numerical methods for differential...
Princeton: Princeton University Press, 1999. - 253 p. The authors, leading researchers in the fields of mathematical economics and methodology, present the first comprehensive synthesis of literature on qualitative and other nonparametric techniques, which are important elements of comparative statics and stability analysis in economic theory. The topics covered show how to...
Wiley, 2021. — 195 p. — ISBN: 9781119793427. Demystifies regression-based valuation through simple explanations, easy-to-understand charts, and time-saving bonus resources. Current methodologies using median, quartiles, or standard deviations to calculate revenue multipliers and cash flow multipliers often produce wildly divergent values. This forces the appraiser to choose...
Springer, 2013. — 400 p. ISBN: 1461494168 Economists can use computer algebra systems to manipulate symbolic models, derive numerical computations, and analyze empirical relationships among variables. Maxima is an open-source multi-platform computer algebra system that rivals proprietary software. Maxima’s symbolic and computational capabilities enable economists and financial...
London: Routledge, 1996. — 213 p. Notions of probability and uncertainty have been increasingly prominant in modern economics. This book considers the philosophical and practical difficulties inherent in integrating these concepts into realistic economic situations. It outlines and evaluates the major developments, indicating where further work is needed. This book addresses:...
Princeton University Press, 2014. — 418 p. — ISBN: 9780691042770 A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these tools to create a class of econometrically tractable models of prices and quantities. They present examples from...
Singapore: World Scientific Publishing Company, 2014. - 450 p. Uncertainty within Economic Models is a collection of papers adapting and applying robust control theory to problems in economics and finance. This book extends rational expectations models by including agents who doubt their models and adopt precautionary decisions designed to protect themselves from adverse...
Routledge, 2011. — 544 p. — ISBN: 0415573041, 0415573033 The aim of this book is to bring students of economics and finance who have only an introductory background in mathematics up to a quite advanced level in the subject, thus preparing them for the core mathematical demands of econometrics, economic theory, quantitative finance and mathematical economics, which they are...
Oxford University Press, 1998. - 153 p. This book is based on courses MA381 and EC3080, taught at Trinity College Dublin since 1992. Comments on content and presentation in the present draft are welcome for the benefit of future generations of students. The book is not intended as a substitute for students' own lecture notes. In particular, many examples and diagrams are...
Brooks Cole – 2008, 1109 p., 9th edition ISBN: 0547145098, 9780547145099 Mathematical Applications for the Management, Life, and Social Sciences, 9th Edition is intended for a two-semester applied calculus or combined finite mathematics and applied calculus course. The book's concept-based approach, multiple presentation methods, and interesting and relevant applications keep...
Unpublished, 2004. — 203 p. This document is a collection of teaching notes from a one-semester Ph.D. course given in the Fall of 2003. My intent was to cover some of the empirical approaches to market microstructure, the theory that motivated them, and the results from time series analysis necessary to understand them. I assume that the reader has some prior exposure to or a...
Wiley, 2011. — 210 p. A radical, definitive explanation of the link between loss aversion theory, the equity risk premium and stock price, and how to profit from it. The Risk Premium Factor presents and proves a radical new theory that explains the stock market, offering a quantitative explanation for all the booms, busts, bubbles, and multiple expansions and contractions of...
Springer – 2009, 716 p. ISBN: 3540856846, 9783540856849 Introduces the use of numerical methods for solving dynamic general equilibrium models Features coverage applicable to the models most widely used in modern macroeconomics and monetary economics Provides algorithms and program codes on an accompanying website Second edition with three additional chapters and several new...
Wiley, 1997. — 371 p. System Dynamics in Economic and Financial Models Edited by Christiaan Heij, Hans Schumacher, Bernard Hanzon and Kees Praagman System Dynamics in Economic and Financial Models discusses different approaches for dynamic modeling of economic and financial data, and includes empirical applications, particularly in finance and macroeconomics, to illustrate the...
New York, ISBN: 978-0-07-162383-4 MHID: 0-07-162383-3., Edition: 1, Publication Date: March 2, 2009, 271 p. Implement Enterprise-Wide Manufacturing Execution Systems Solutions "The clearest exposition I have seen of the ideal anatomy of a production-oriented IT system. .Palatable to decision makers within an organization.IT professionals [and] academics in IT and operations...
Palgrave Macmillan, 2014. — 264 p. — ISBN: 1137374659, 9781137374653 Interest rate modeling has undergone significant change in the last five years following the financial crisis. No longer is a single yield curve sufficient in representing real world markets. Instead, practitioners and academics are now using multi-curve frameworks, which more accurately represent current...
Princeton: Princeton University Press, 2016. — 283 p. Dynamic stochastic general equilibrium (DSGE) models have become one of the workhorses of modern macroeconomics and are extensively used for academic research as well as forecasting and policy analysis at central banks. This book introduces readers to state-of-the-art computational techniques used in the Bayesian analysis of...
Academic Press, 2014. — 228 p. — ISBN: 0128022043, 9780128022047. How to sustain our world for future generations has perplexed us for centuries. We have reached a crossroads: we may choose the rocky path of responsibility or continue on the paved road of excess that promises hardship for our progeny. Independent efforts to resolve isolated issues are inadequate. Different from...
North Holland, 1991. – 750 p. – ISBN: 0444874615, 9780444874610 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
North Holland, 1991. – 750 p. – ISBN: 0444874615, 9780444874610 The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and...
Springer, 2018. — 117 p. This is the first book to provide an accessible and comprehensive introduction to a newly developed smoothing technique using asymmetric kernel functions. Further, it discusses the statistical properties of estimators and test statistics using asymmetric kernels. The topics addressed include the bias-variance tradeoff, smoothing parameter choices,...
Springer – 2007, 128 p. ISBN: 1846284996, 9781846284991 It is indisputable that printed circuit boards (PCBs) play a vital role in our daily lives. With the ever-increasing applications of PCBs, one of the crucial ways to increase a PCB manufacturer’s competitiveness in terms of operation efficiency is to minimize the production time so that the products can be introduced to...
Wiley-Interscience – 2008, 222 p. ISBN: 0470232870, 9780470232873. A practical approach to the mathematical tools needed to increase portfolio growth, learn successful trading strategies, and manage the risks associated with market fluctuation Mathematical Asset Management presents an accessible and practical introduction to financial derivatives and portfolio selection while...
5th Global Edition. — Pearson, 2015. — 230 p. — ISBN: 1292059389. For courses in corporate finance or financial management at the undergraduate and graduate level. Excel Modeling in Corporate Finance approaches building and estimating models with Microsoft Excel. Students are shown the steps involved in building models, rather than already-completed spreadsheets.
Prentice Hall College – 2008, 210 p. ISBN: 0132079917 For more than 20 years, since the emergence of PCs, Lotus 1-2-3, and Microsoft Excel in the 1980’s, spreadsheet models have been the dominant vehicles for finance professionals in the business world to implement their financial knowledge. Yet even today, most Corporate Finance textbooks rely on calculators as the primary...
To accompany Principles of Corporate Finance by Brealey and Myers. Prentice Hall, 2002. — 168 p. ISBN10: 0130499056 ISBN13: 978-0130499059 For nearly 20 years, since the emergence of PCs, Lotus 1-2-3, and Microsoft Excel in the 1980’s, spreadsheet models have been the dominant vehicles for finance professionals in the business world to implement their financial knowledge. Yet...
Springer Gabler, 2016. - 188 p. The effect of public observable but unexpected incidents on financial market volatility is of primary interest, both for tradespeople willing to take a risk as well as for risk regulators, willing to bypass potential imponderables. Therefore, this thesis presents a new strategy that unites qualitative and quantitative mass data in form of text...
Palgrave Macmillan, 2010. — 256 p. — ISBN: 0230248144, 9780230248144 Computable General Equilibrium (CGE) models have been widely used for various economic simulations, such as, trade liberalization, environmental problems, and regulatory and tax reforms. CGE models are powerful but tend to be large-scale and, therefore, often difficult to learn. This book provides a...
Springer, 2019. — 317 p. — ISBN: 9783319993034, 9783319993041. This book introduces students on Multiple Criteria Decision Aiding and Making courses to practical, real-world cases. Each case study introduces a problem or situation together with a method, and a description and explanation of a computer application. In this sense each chapter is based on four pillars: the...
A mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones. Lawmakers, administrators and officers of private companies create institutions in orders to achieve desired goals. They seek to do so in ways that economize on the resources needed to...
Wiley, 2011. — 478 p. — ISBN: 0470745843. The aim of this book is twofold. The first goal is to summarize elementary and advanced topics on modern option pricing: from the basic models of the Black & Scholes theory to the more sophisticated approach based on Lévy processes and other jump processes. At the same time, the other goal of the book is to identify, estimate and...
Cambridge University Press, 2012. – 448 p. – ISBN: 1107002435, 9781107002432 A sequel to Global Trade Analysis: Modeling and Applications (Cambridge University Press, 1996, edited by Thomas W. Hertel), this new volume presents the technical aspects of the Global Trade Analysis Program's global dynamic framework (GDyn) and its applications within important global policy issues....
Elsevier, 2013. — 516 p. — 2nd ed. — ISBN: 0124077951, 9780124077959 Markov processes are processes that have limited memory. In particular, their dependence on the past is only through the previous state. They are used to model the behavior of many systems including communications systems, transportation networks, image segmentation and analysis, biological systems and DNA...
London: Palgrave MacMillan, 2017. — 131 p. A few years after Black and Scholes derived their famous partial differential equation (PDE) for the fair values of European call and put options, Schwartz considered a finite difference discretization for its approximate solution. Today, the numerical solution of time-depedent PDEs forms one of the pillars of computational finance....
World Scientific, 2012. — 212 p. — ISBN: 9814397830, 9789814397834 This book offers an introduction to wavelet theory and provides the essence of wavelet analysis - including Fourier analysis and spectral analysis; the maximum overlap discrete wavelet transform; wavelet variance, covariance, and correlation - in a unified and friendly manner. It aims to bridge the gap between...
SIAM, 2002. — 529 p. — (Classics in Applied Mathematics). — ISBN: 9780898715118, 0898715113 Mathematical Optimization and Economic Theory provides a self-contained introduction to and survey of mathematical programming and control techniques and their applications to static and dynamic problems in economics, respectively. It is distinctive in showing the unity of the various...
Wiley, 2010. — 376 p. — ISBN: 1848210574, 9781848210578 This book provides a pedagogical examination of the way in which stochastic models are encountered in applied sciences and techniques such as physics, engineering, biology and genetics, economics and social sciences. It covers Markov and semi-Markov models, as well as their particular cases: Poisson, renewal processes,...
Springer, 2017. — 199 p. — (Studies in Applied Philosophy, Epistemology and Rational Ethics). — ISBN10: 3319498711. The book offers an interdisciplinary perspective on finance, with a special focus on stock markets. It presents new methodologies for analyzing stock markets' behavior and discusses theories and methods of finance from different angles, such as the mathematical,...
InTech, 2012. — 304 p. — ISBN: 9789535108306 This book provides an introductory-level exploration of geophysical fluid dynamics (GFD), the principles governing air and water flows on large terrestrial scales.
Wiley, 2002. - 304 p. Based on the author's own experience, Monte Carlo Methods in Finance adopts a practical flavour throughout, the emphasis being on financial modeling and derivatives pricing. Numerous real world examples help the reader foster an intuitive grasp of the mathematical and numerical techniques needed to solve particular financial problems. At the same time, the...
Springer, 2015. — 78 p. By studying the ability of the Normal Tempered Stable (NTS) model to fit the statistical features of intraday data at a 5 min sampling frequency, Florian Jacobs extends the research on high frequency data as well as the appliance of tempered stable models. He examines the DAX30 returns using ARMA-GARCH NTS, ARMA-GARCH MNTS (Multivariate Normal Tempered...
Cambridge University Press, 2006. — 262 p. — ISBN: 0521851440 With the healthcare sector accounting for a sizeable proportion of national expenditures, the pursuit of efficiency has become a central objective of policymakers within most health systems. However, the analysis and measurement of efficiency is a complex undertaking, not least due to the multiple objectives of...
N.-Y.: Wiley. 2011. - 343 p. Explore cutting-edge statistical methodologies for collecting, analyzing, and modeling online auction dataOnline auctions are an increasingly important marketplace, as the new mechanisms and formats underlying these auctions have enabled the capturing and recording of large amounts of bidding data that are used to make important business decisions....
Stanford University Press, 2002. — 368 p. This book's primary purpose is to teach students the basics of fixed-income securities, but not in the fashion of traditional courses and texts in this area. Traditional fixed-income courses and texts emphasize institutional details, with theories included in an ad hoc fashion and only occasionally. In contrast, this book teaches the...
3rd Edition. — 2020. — 385 p. — (Chapman and Hall/CRC Financial Mathematics Series). — ISBN13: 978-1-138-36099-0. Modeling Fixed Income Securities and Interest Rate Options, Third Edition presents the basics of fixed-income securities in a way that, unlike competitive texts, requires a minimum of prerequisites. While other books focus heavily on institutional details of the...
Spriger, 2009. — 732 p. — ISBN: 1852333766. Mathematical finance has grown into a huge area of research which requires a lot of care and a large number of sophisticated mathematical tools. The subject draws upon quite difficult results from the theory of stochastic processes, stochastic calculus and differential equations, among others, which can be daunting for the beginning...
Sprimger, 2021. — 114 p. — ISBN: 978-3030651022. More than 300 years ago, Isaac Newton created a mathematical model of the solar system that predicted the existence of a yet unknown planet: Neptune. Today, driven by the digital revolution, modern scientists are creating complex models of society itself to shed light on topics as far-ranging as epidemic outbreaks and economic...
World Scientific, 2005. – 344 p. – ISBN: 9812563695, 9789812563699 From the unique perspective of partial differential equations (PDE), this self-contained book presents a systematic, advanced introduction to the Black–Scholes–Merton’s option pricing theory. A unified approach is used to model various types of option pricing as PDE problems, to derive pricing formulas as their...
The MIT Press, 2014. — 736 p. — ISBN: 0262027615, 9780262027618. This book offers a unified, comprehensive, and up-to-date treatment of analytical and numerical tools for solving dynamic economic problems. The focus is on introducing recursive methods -- an important part of every economist's set of tools -- and readers will learn to apply recursive methods to a variety of...
2nd edition. — The MIT Press, 2020. — 848 p. — ISBN: 9780262043625. A unified and comprehensive introduction to the analytical and numerical tools for solving dynamic economic problems; substantially revised for the second edition. This book offers a unified, comprehensive, and up-to-date treatment of analytical and numerical tools for solving dynamic economic problems. The...
N.-Y.: CRC Press, 2014. - 480 p. Dependence Modeling with Copulas covers the substantial advances that have taken place in the field during the last 15 years, including vine copula modeling of high-dimensional data. Vine copula models are constructed from a sequence of bivariate copulas. The book develops generalizations of vine copula models, including common and structured...
Springer, 2015. — 191 p. 57 illus. in color. — (International Series in Operations Research & Management Science 218). — ISBN: 9781489975270, 9781489975287 This book provides an introduction to incorporating preference information in Data Envelopment Analysis (DEA) with a special emphasis in Value Efficiency Analysis. In addition to theoretical considerations, numerous...
Boston: The MIT Press, 1998. — 646 p. To harness the full power of computer technology, economists need to use a broad range of mathematical techniques. In this book, Kenneth Judd presents techniques from the numerical analysis and applied mathematics literatures and shows how to use them in economic analyses.The book is divided into five parts. Part I provides a general...
Berlin: Springer, 2003. — 266 p. Introduction Warm-up Processes with Fast Markov Modulations The Lienard Oscillator Under Random Forc Filtering of Nearly Observed Processes Stochastic Approximation Toolbox: Moment Bounds for Solutions of Stable SDEs Moment Bounds for Nonlinear Equations Bounds for Linear Equations On the Growth Rate of the Maximal Function The Tikhonov Theory...
Bookboon, 2013. — 110 p. — ISBN: 978-87-403-0370-4. This book explains portfolio modeling in financial mathematics as a consistent mathematical theory with all steps justified. The topics include mean-variance portfolio analysis and capital market theory. The book contains many examples with solutions. Linear algebra rather than calculus is used as foundation for portfolio...
Wiley, 2011. — 242 p. — ISBN: 978-0-470-61069-5. A look at business model innovation's crucial role in today's global business environment . Showing organizations how business model innovation should be a key focus area in today's global economy, this book features cases from businesses around the globe that have developed customized business models and achieved spectacular...
Wiley, 2012. — 494 p. ISBN: 0470599367, 9780470599365 Mathematical Programming Models for Agriculture, Environmental, and Resource Economics provides a comprehensive overview of mathematical programming models and their applications to real world and important problems confronting agricultural, environmental, and resource economists. Unlike most mathematical programming books,...
Springer, 2014. — 295 p. — ISBN: 3319096826, 9783319096827 EISBN: 9783319096834 Using network models to investigate the interconnectivity in modern economic systems allows researchers to better understand and explain some economic phenomena. This volume presents contributions by known experts and active researchers in economic and financial network modeling. Readers are...
2nd edition. — Advanced Textbooks in Economics, Elsevier Science, 1991 (reprint 2001). — 396 p. — ISBN: 9780444016096. The long awaited second edition of Dynamic Optimization is now available. Clear exposition and numerous worked examples made the first edition the premier text on this subject. Now, the new edition is expanded and updated to include essential coverage of...
Springer, 2015. — 174 p. — (Lecture Notes in Economics and Mathematical Systems 679). — ISBN: 9783319132235, 9783319132242 This book presents a rigorous treatment of the mathematical instruments available for dealing with income distributions, in particular Lorenz curves and related methods. The methods examined allow us to analyze, compare and modify such distributions from an...
Springer, 2017. — 447 p. — (International Series in Operations Research & Management Science). — ISBN: 978-3-319-31716-8, 978-3-319-31718-2 This book presents the underlying theory, model development, and applications of network Data Envelopment Analysis (DEA) in a systematic way. The field of network DEA extends and complements conventional DEA by considering not only inputs...
Academic Press, 2019. — 424 p. — (Mathematics in Science and Engineering). — ISBN: 978-0-12-811029-4. This book develops a unified variational approach to deal with single-valued, set-valued and quasi-equilibrium problems. The authors promote original results in relationship with classical contributions to the field of equilibrium problems. The content evolved in the general...
Springer – 2010, 440 p. ISBN: 1441964843 In two volumes, Planning Production and Inventories in the Extended Enterprise: A State of the Art Handbook examines production planning across the extended enterprise against a backdrop of important gaps between theory and practice. The early chapters describe the multifaceted nature of production planning problems and reveal many of...
Springer – 2011, 657 p. ISBN: 144198190X In two volumes, Planning Production and Inventories in the Extended Enterprise: A State of the Art Handbook examines production planning across the extended enterprise against a backdrop of important gaps between theory and practice. The early chapters describe the multifaceted nature of production planning problems and reveal many of...
Prinseton Universyti Press – 2005, 492 p. ISBN: 069112549X, 9780691125497 The ability to conceptualize an economic problem verbally, to formulate it as a mathematical model, and then represent the mathematics in software so that the model can be solved on a computer is a crucial skill for economists. Computational Economics contains well-known models-and some brand-new...
Springer Verlag, 2016. — 343 p. — ISBN: 9783658154592, 9783658154608. Im vorliegenden Buch wird ein Rahmen für eine betriebswirtschaftlich getriebene Anwendung und Ausgestaltung der Data Envelopment Analysis (DEA) geschaffen. Philip Kerpens Ziel ist es, die Praxisrelevanz der DEA zu befördern. Die DEA ist eine Methode zur vergleichenden Effizienzmessung von...
2nd Edition. — Cambridge University Press, 2018. — 544 p. — ISBN: 978-1-108-45885-6. Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present...
Boca Raton: CRC Press, 2025. — 442 p. The convergence of Artificial Intelligence (AI) and Financial Technology (Fintech) has ushered in a new era of innovation in the finance ecosystem, particularly within the context of the digital gig economy. This emerging trend has created a unique set of challenges and opportunities, which AI and Fintech are poised to address. This book...
Springer, 2018. — 412 p. — (International Series in Operations Research & Management Science 269). — ISBN: 9783319763446, 9783319763453. This book offers new transparent views and step-by-step methods for performance evaluation of a set of units using Data Envelopment Analysis (DEA). The book has twelve practical chapters. Elementary concepts and definitions are gradually built...
Wiley, 2016. — 350 p. Capture the fortune you're losing with every trade by learning to exploit options Options Play + Website shows you how to capture the fortune you lose out on every day. Buying and selling traditional investments often entails instruments with optionality. Sometimes this optionality is explicit, while other times it is hidden. If you're not leveraging these...
Wiley, 2013. – 734 p. – ISBN: 0470744898, 9780470744895 Financial Modeling - Theory, Implementation and Practice is a unique combination of quantitative techniques, the application to financial problems and programming using MatLAB. The book enables the reader to model, design and implement a wide range of financial models for derivatives pricing and asset allocation, providing...
Springer, 2016. — 205 p. — ISBN: 4431550569. This book takes up unique agent-based approaches to solving problems related to stock and their derivative markets. Toward this end, the authors have worked for more than 15 years on the development of an artificial market simulator called U-Mart for use as a research and educational tool. A noteworthy feature of the U-Mart simulator...
Springer, 2016. — 205 p. This book takes up unique agent-based approaches to solving problems related to stock and their derivative markets. Toward this end, the authors have worked for more than 15 years on the development of an artificial market simulator called U-Mart for use as a research and educational tool. A noteworthy feature of the U-Mart simulator compared to other...
Academic Press, 1973. — 408 p. — ISBN: 0124134505, 9780124134508 Topological and vector space methods have achieved a very distinguished position among the tools of theoretical economics, especially in the area of equilibrium analysis. This book aims at giving a systematic presentation of the basic principles of these two areas of mathematics. With'this aim in mind, we hope the...
North Holland, 1999. — 367 p. — (Advanced Textbooks in Economics). — ISBN: 0444818782, 9780444818782, 9780585489605. Two important new developments have occurred that have significant impact on the evolution of econometrics, namely, the end of the Cold War and the emergence of the information revolution in nearly all economies of the world. The information revolution has had...
Pearson, 2014. — 498 p. This book begins with a three-chapter section that introduces some important concepts and tools that are used throughout the rest of the book. Chapter 1 presents background on the mathematical framework of economic analysis. In this chapter we discuss the advantages of using mathematical models in economics.We also introduce some characteristics of...
Wiley, 2008. – 760 p. – 3rd ed. – ISBN: 0470187816, 9780470391334. An update of one of the most trusted books on constructing and analyzing actuarial models. Written by three renowned authorities in the actuarial field, Loss Models, Third Edition upholds the reputation for excellence that has made this book required reading for the Society of Actuaries (SOA) and Casualty...
Wiley, 2014. — 368 p. — ISBN: 1118343565, 9781118343562 An essential resource for constructing and analyzing advanced actuarial models Loss Models: Further Topics presents extended coverage of modeling through the use of tools related to risk theory, loss distributions, and survival models. The book uses these methods to construct and evaluate actuarial models in the fields of...
Wiley-Blackwell, 2019. — 553 p. — ISBN: 978-1119538080, 1119538084. A modern practical guide to building and using actuarial models. Loss Models: From Data to Decisions is organized around the principle that actuaries build models in order to analyze risks and make decisions about managing the risks based on conclusions drawn from the analysis. In practice, one begins with data...
Butterworth-Heinemann, 2005. — 299 p. Thisbookonlinearfactormodelsstartswithanintroductorychapterallowingreaders tofamiliarizethemselveswiththeacademicargumentsaboutsuchmodels. Chapters 2 to 7 constitute academic contributions while Chapters 8 to 13 are contributions from a number of leading quantitative practitioners. Both of us are delighted with the range of chapters...
Springer, 2011. — 440 p. — ISBN: 3034800967, 9783034800969 Stochastic analysis has a variety of applications to biological systems as well as physical and engineering problems, and its applications to finance and insurance have bloomed exponentially in recent times. The goal of this book is to present a broad overview of the range of applications of stochastic analysis and some...
Springer, 2006. - 278 p. ISBN: 3540366253, 9783540366256 Series: Advances in Computational Management Science, Vol. 9 Advanced computational methods are often employed for the solution of modeling and decision-making problems. This book addresses issues associated with the interface of computing, optimisation, econometrics and financial modeling. Emphasis is given to...
Springer – 2000, 322 p. ISBN: 0792378040, 9780792378044 Data Mining in Finance presents a comprehensive overview of major algorithmic approaches to predictive data mining, including statistical, neural networks, ruled-based, decision-tree, and fuzzy-logic methods, and then examines the suitability of these approaches to financial data mining. The book focuses specifically on...
Nova Science Publishers, 2017. — 238 p. — ISBN: 1536120448. The main goal of this book is to present coherent mathematical models to describe an economic growth and related economic issues. The book is a continuation of the author’s previous book Mathematical Dynamics of Economic Markets, which presented mathematical models of economic forces acting on the markets. In his...
Springer, 2015. — 120 p. — (BestMasters). — ISBN: 9783658080822, 9783658080839 Vadim Kufenko provides a theoretical and empirical analysis of various aspects of economic growth and income inequality in the Russian regions using different estimation techniques from the cross-section OLS and logistic models to dynamic panel data system GMM. The general period for the data is...
Cambridge: Cambridge University Press, 2003. — 343 p. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the...
Springer, 2018. — 118 p. This book presents a systematic explanation of the SIML (Separating Information Maximum Likelihood) method, a new approach to financial econometrics. Considerable interest has been given to the estimation problem of integrated volatility and covariance by using high-frequency financial data. Although several new statistical estimation procedures have...
World Scientific Publishing Company, 2010. - 368 p. This book is a collaborative effort from three workshops held over the last three years, all involving principal contributors to the vine-copula methodology. Research and applications in vines have been growing rapidly and there is now a growing need to collate basic results, and standardize terminology and methods....
Unpublished, 2015. — 176 p. These notes are intended for the introductory finance course mathematics economics program at the University of Copenhagen. They cover (the) basic pillars of finance: (1) analysis of deterministic cash-flows (Chapter 3), (2) mean-variance analysis and the capital asset pricing model (CAPM) (Chapter 9), (3) valuation by absence of arbitrage in...
Palgrave Macmillan, 2018. — 299 p. — ISBN: 978-3-319-71790-6 This book explores the need to develop business strategies, organise and fund transformation projects and manage the transformation programme in order to further a circular economy. Circular Business Models outlines sustainable business models that can be used by companies to move transformation forward on a large...
Palgrave Macmillan, 2018. — 299 p. — ISBN: 978-3-319-71790-6 This book explores the need to develop business strategies, organise and fund transformation projects and manage the transformation programme in order to further a circular economy. Circular Business Models outlines sustainable business models that can be used by companies to move transformation forward on a large...
Heidelberg: Physica-Verlag, 2001. — 389 p. The articles in this proceedings volume reflect the current trends in the theory of approximation, optimization and mathematical economics, and include numerous applications. The book will be of interest to researchers and graduate students involved in functional analysis, approximation theory, mathematical programming and...
Emerald Group Publishing – 2009, 286 p. ISBN: 9781848558786 "Applications of Management Science" is a blind refereed serial publication published on an annual basis. The objective of this research annual is to present state-of-the-art studies in the application of management science to the solution of significant managerial decision-making problems. It significantly aids the...
Springer International Publishing AG, 2017. — 725 p. — (International Series in Quantitative Marketing) — ISBN: 331953467X. This volume presents advanced techniques to modeling markets, with a wide spectrum of topics, including advanced individual demand models, time series analysis, state space models, spatial models, structural models, mediation, models that specify...
Springer International Publishing AG, 2017. — 725 p. — (International Series in Quantitative Marketing) — ISBN: 331953467X. This volume presents advanced techniques to modeling markets, with a wide spectrum of topics, including advanced individual demand models, time series analysis, state space models, spatial models, structural models, mediation, models that specify...
Springer, 2014. — 408 p. — (International Series in Quantitative Marketing). — ISBN: 1493920855 This book is about how models can be developed to represent demand and supply on markets, where the emphasis is on demand models. Its primary focus is on models that can be used by managers to support marketing decisions. The market environment is changing rapidly and constantly....
Chapman and Hall/CRC – 2012, 284 p. ISBN: 1439855528 Risk analytics is developing rapidly, and analysts in the field need material that is theoretically sound as well as practical and straightforward. A one-stop resource for quantitative risk analysis, Practical Spreadsheet Risk Modeling for Management dispenses with the use of complex mathematics, concentrating on how powerful...
Springer, 2007. – 265 p. – ISBN: 3540686622, 9783540686620 Series: Lecture Notes in Economics and Mathematical Systems, Vol. 591 This work uses various model frameworks to study the evolution of equilibria in an open loop evolving economy in which the model characteristics evolve without any directional restrictions except for continuity. Applying mathematical methods, it is...
Springer, 2013. — 256 p. 88 illus., 49 illus. in color — ISBN: 3319009117, 9783319009117 Series: Lecture Notes in Economics and Mathematical Systems, Vol. 669 This volume presents recent advances in the dynamic field of Artificial Economics and its various applications. Artificial Economics provides a structured approach to model and investigate economic and social systems. In...
Princeton University Press – 2004, 304 p. ISBN: 0691113157, 9780691113159 This textbook takes the reader from the level of microeconomics principles through to modern asset pricing theory. Yvan Lengwiler elegantly links together issues that have in the past been the territory of general economic theorists on the one hand, and financial economists on the other. In a sequence of...
World Scientific Publishing, 2016. — 220 p. — ISBN: 978-9814725910. Optimal Mean Reversion Trading: Mathematical Analysis and Practical Applications provides a systematic study to the practical problem of optimal trading in the presence of mean-reverting price dynamics. It is self-contained and organized in its presentation, and provides rigorous mathematical analysis as well...
Society for Industrial and Applied Mathematics – 2009, 167 p. ISBN: 0898716799, 9780898716795 This textbook provides undergraduate students with an introduction to optimization and its uses for relevant and realistic problems. The only prerequisite for readers is a basic understanding of multivariable calculus because additional material, such as explanations of matrix tools,...
2nd Edition. — Academic Press, 2016. — 381 p. — ISBN: 978-0-12-803579-5 Computational Finance Using C and C#: Derivatives and Valuation, Second Edition provides derivatives pricing information for equity derivatives, interest rate derivatives, foreign exchange derivatives, and credit derivatives. By providing free access to code from a variety of computer languages, such as...
Springer – 2005, 373 p. ISBN: 3540265791 Manufacturing systems rarely perform exactly as expected and predicted. Unexpected events, such as order changes, equipment failures and product defects, affect the performance of the system and complicate decision-making. This volume is devoted to the development of analytical methods aiming at responding to variability in a way that...
Plenum Press, 1980. — 272 p. As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza tion, for example, have been greatly influenced by results in optimal...
CRC Pres – 2012, 257 p. ISBN: 1420088467 A book in the Systems Evaluation, Prediction, and Decision-Making Series, Systems Evaluation: Methods, Models, and Applications covers the evolutionary course of systems evaluation methods, clearly and concisely. Outlining a wide range of methods and models, it begins by examining the method of qualitative assessment. Next, it describes...
Wiley, 2007. — 277 p. — ISBN: 0470031573, 9780470031575. In today's increasingly competitive financial world, successful risk management, portfolio management, and financial structuring demand more than up-to-date financial know-how. They also call for quantitative expertise, including the ability to effectively apply mathematical modeling tools and techniques, in this case...
Springer, 1997. – 198 p. – ISBN: 1441947795, 9781441947796 This book starts with the basic concepts of Fuzzy Logic: the membership function, the intersection and the union of fuzzy sets, fuzzy numbers, and the extension principle underlying the algorithmic operations. Several chapters are devoted to applications of Fuzzy Logic in Operations Research: PERT planning with...
Authors Academic Pr – 2002, 288 p. ISBN: 0970333315, 9780970333315 Financial Modeling for Managers is a do-it-yourself guide to the instruments, equations and analysis of financial markets. Designed for both dealing room and classroom, it is a highly accessible reference for practitioners and students of finance. Numerous examples are provided on pricing, hedging, yield curve...
IGI Global, 2016. — 365 p. — ISBN: 978-1522505969. For any organization, analysis of performance and effectiveness through available data allows for informed decision making. Data envelopment analysis, or DEA, is a popular, effective method that can be used to measure productive efficiency in operations management assessment. Data Envelopment Analysis and Effective Performance...
World Scientific, 2004. — 632 p. This textbook provides a calculus-based introduction to economics. Students blessed with a working knowledge of the calculus will find that this text facilitates their study of the basic analytical framework of economics. The textbook examines a wide range of micro and macro topics, including prices and markets, equity versus efficiency, Rawls...
Cambridge University Press, 1996. XXIV, 401 p. — ISBN: 0-521-57290-8. This book provides a solid foundation and an extensive study for Mathematical Programs with Equilibrium Constraints (MPEC). It begins with the description of many source problems arising from engineering and economics that are amenable to treatment by the MPEC methodology. Error bounds and parametric analysis...
Springer2009ISBN: 0387895515294 p. "Mathematical Optimization and Economic Analysis" is a self-contained introduction to various optimization techniques used in economic modeling and analysis such as geometric, linear, and convex programming and data envelopment analysis. Through a systematic approach, this book demonstrates the usefulness of these mathematical tools in...
2nd ed. — Euromoney Trading Ltd., 2010. — 212 p. — ISBN: 1843745488, 9781843745488 This workbook provides a detailed description of how to plan and build a pre-financial close Project Finance cash flow model. Providing sufficient theory to give the context for each modeling topic, it focuses on detailed practical methods. Topics covered include treatment of flexible timing...
Wiley – 2005, 240 p. ISBN: 047001217X, 9780470012178. There are many books covering Fibonacci from an artistic and historical point of view and almost as many suggesting that Fibonacci retracements and numbers can be successfully applied to financial market time series. What is missing is a book that addresses the common errors in using screen based Fibonacci (and Gann and...
Routledge – 2011, 224 p. ISBN: 0415589878, 9780415589871. The book's comprehensive coverage on the application of econometric methods to empirical analysis of economic issues is impressive. It uncovers the missing link between textbooks on economic theory and econometrics and highlights the powerful connection between economic theory and empirical analysis perfectly through...
Unpublished, 2017. — 745 p. This manuscript is designed for an introductory course in the theory of interest and annuity. This manuscript is suitable for a junior level course in the mathematics of finance. The recommended approach for using this book is to read each section, work on the embedded examples, and then try the problems. Answer keys are provided so that you check...
Singapore: World Scientific Publishing Company, 2008. — 200 p. This important book consists of surveys of high-frequency financial data analysis and econometric forecasting, written by pioneers in these areas including Nobel laureate Lawrence Klein. Some of the chapters were presented as tutorials to an audience in the Econometric Forecasting and High-Frequency Data Analysis...
McGraw-Hill, 2014. — 270 p. The present volume presents Part I of a planned four-part book on the theory and practice of risk-return analysis, particularly mean-variance analysis. This fi eld is plagued by a Great Confusion, namely the confusion between necessary and suffi cient conditions for the use of mean-variance analysis in practice. Normal (Gaussian) return distributions...
McGraw-Hill, 2016. — 400 p. — ISBN: 007183009X. The Nobel Prize-winning Father of Modern Portfolio Theory returns with new insights on his classic work to help you build a lasting portfolio today. Contemporary investing as we know it would not exist without these two words: "Portfolio selection." Though it may not seem revolutionary today, the concept of examining and...
Wiley – 2011, 362 p. ISBN: 047093123X An in-depth look at the role of asset allocation in today's investment environment In Modern Asset Allocation author Richard Marston shows you how to jump back into the market with the reminder that the key to investing is to do it for the long-run. And in looking at investing for the long-term, what matters most is asset allocation. This...
Walter de Gruyter, 2009. — 197 p. — ISBN: 978-3110204681. This book presents hedging strategies for a class of financial options. The emphasis is on theoretical and numerical aspects, i.e., the consideration of appropriate existence, duality and convergence results. The mathematical techniques range from financial mathematics, stochastic and semi-infinite optimization, convex...
World Scientific, 2015. — 199 p. — ISBN: 9789814630863 Causality has been a subject of study for a long time. Often causality is confused with correlation. Human intuition has evolved such that it has learned to identify causality through correlation. In this book, four main themes are considered and these are causality, correlation, artificial intelligence and decision making....
Springer, 2013. — 288 p. — ISBN: 9781447150107 — (Series: Advanced Information and Knowledge Processing) Economic Modeling Using Artificial Intelligence Methods examines the application of artificial intelligence methods to model economic data. Traditionally, economic modeling has been modeled in the linear domain where the principles of superposition are valid. The application...
Springer, 2018. — 241 p. — ISBN: 978-3319688756. This volume highlights recent applications of multiple-criteria decision-making (MCDM) models in the field of finance. Covering a wide range of MCDM approaches, including multiobjective optimization, goal programming, value-based models, outranking techniques, and fuzzy models, it provides researchers and practitioners with a set...
Springer, 2018. — 280 p. — ISBN: 978-3-319-68876-3 This volume highlights recent applications of multiple-criteria decision-making (MCDM) models in the field of finance. Covering a wide range of MCDM approaches, including multiobjective optimization, goal programming, value-based models, outranking techniques, and fuzzy models, it provides researchers and practitioners with a...
Springer, 2005. — 237 p. — ISBN: 3540285784, 9783540285472 Agent-based Computational Economics (ACE) is a new discipline of economics, largely grounded on concepts like evolution, auto-organisation and emergence: it intensively uses computer simulations as well as artificial intelligence, mostly based on multi-agents systems. The purpose of this book is to give an up-to date...
MatLAB and the Financial Toolbox provide a complete integrated computing environment for financial analysis and engineering. The toolbox has everything you need to perform mathematical and statistical analysis of financial data and display the results with presentation-quality graphics. You can quickly ask, visualize, and answer complicated questions. In traditional or...
John Wiley & Sons. 2008. — 314 p. ISBN: 0470117664. Optimal Portfolio Modeling is an easily accessible introduction to portfolio modeling for those who prefer an intuitive approach to this discipline. While early chapters provide engaging insights on the statistical properties of markets, this book quickly moves on to illustrate invaluable trading and risk control models based...
Springer, 2015. — 215 p. — (Lecture Notes in Economics and Mathematical Systems 673). — ISBN: 3319045393, 9783319045399, 9783319045405 Introduces new analytical models for optimal multi-project management based on decision rules in dynamic-stochastic environments Presents new insights into the structure of optimal policies Describes extensive experimental investigations into...
Chapman and Hall/CRC – 2003, 253pages ISBN: 1584884290 Historically, financial and insurance risks were separate subjects most often analyzed using qualitative methods. The development of quantitative methods based on stochastic analysis is an important achievement of modern financial mathematics, one that can naturally be extended and applied in actuarial mathematics. Risk...
Springer, 2012. — 200 p. — ISBN: 9400757387, 9789400757394 Efficiency Measures in the Agricultural Sector opens with detailed descriptions of measurement techniques such as Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA), which are often used to support models in analysis of agricultural productivity, based on mathematical programming (non-parametric,...
Academic Press, 2018. — 395 p. — ISBN: 978-0-12-812746-9. This book recognizes that research in the energy-growth nexus field is heterogeneous and controversial. To make studies in the field as comparable as possible, chapters cover aggregate energy and disaggregate energy consumption and single country and multiple country analysis. As a foundational resource that helps...
Springer, 2013. – 436 p. – ISBN: 3642313914, 9783642313912 Risk management for financial institutions is one of the key topics the financial industry has to deal with. The present volume is a mathematically rigorous text on solvency modeling. Currently, there are many new developments in this area in the financial and insurance industry (Basel III and Solvency II), but none of...
New York: Springer, 2013. — 363 p. These proceedings consist of 30 selected research papers based on results presented at the 10th Balkan Conference & 1st International Symposium on Operational Research (BALCOR 2011) held in Thessaloniki, Greece, September 22-24, 2011. BALCOR is an established biennial conference attended by a large number of faculty, researchers and students...
2008 by Taylor & Francis Group, LLC. Chapter 1 _ coherent measures of risk into everyday. market practice. Chapter 2 _ pricing high-dimensional american options. using local consistency conditions. Chapter 3 _ adverse interrisk diversification effects. for fx forwards. Chapter 4 _ counterparty risk pricing under correlation. between default and interest ratesdamiano. Chapter 5...
Cambridge University Press – 2009, 784 p., 2nd edition ISBN: 0521517133, 0521739020, 9780521517133 The new edition of Ronald Miller and Peter Blair's classic textbook is an essential reference for students and scholars in the input-output research and applications community. The book has been fully revised and updated to reflect important developments in the field since its...
The MIT Press – 2002, 512 p. ISBN: 0262134209, 9780262134200 This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses. The examples are drawn from a wide range of subspecialties of...
Edward Elgar Publishing, 2018. — 641 p. — ISBN: 978-1-78536-441-9. This comprehensive Handbook is aimed at both academic researchers and practitioners in the field of complexity science. The book’s 26 chapters, specially written by leading experts, provide in-depth coverage of research methods based on the sciences of complexity. The research methods presented are...
Springer – 2012, 352 p. ISBN: 364222900X Economic agents interact in structural relationships through time and space. This work starts from the empirical observation that all three dimensions, namely time, space, and structural functional forms, are important for an integrative framework of modern empirical analysis in regional science. The work thus aims at combining...
Imperial College Press, 2011. — 200 p. — ASIN B00GYGNP42. This volume offers the reader practical methods to compute the option prices in the incomplete asset markets. The [Glp & Memm] pricing models are clearly introduced, and the properties of these models are discussed in great detail. It is shown that the geometric Lévy process (Glp) is a typical example of the incomplete...
McGraw-Hill, 2007. - 282 p. Interested in becoming a real estate agent but you're not a math whiz? Are you a real estate investor looking for investment analysis techniques? No problem! Understand and handle real estate transactions and analysis with confidence using this well-organized guide. Real Estate Math Demystified will provide you with the knowledge to analyze real...
Toronto: University of Toronto Press, Scholarly Publishing Division, 2015. - 504 p. In a constrained optimization problem, the decisionmaker wants to select the optimal choice – the one most valuable to him or her – that also meets all of the constraints imposed by the problem. Such problems are at the heart of modern economics, where the typical behavioral postulate is that a...
Cambridge University Press, 2010. — 340 p. — ISBN: 0521195039 This is a concise and elementary introduction to stochastic control and mathematical modeling. This book is designed for researchers in stochastic control theory studying its application in mathematical economics and those in economics who are interested in mathematical theory in control. It is also a good guide for...
Springer, 2015. — 322 p. — (). — ISBN: 9783319150321, EISBN 9783319150338. Miguel Mujica Mota, Idalia Flores De La Mota, Daniel Guimarans Serrano (eds.). This book introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in Rn, and how these solutions may...
Springer International Publishing AG, 2017. — 286 p. — ISBN: 9783319558097. Building on the author’s earlier Applied Simulation and Optimization, this book presents novel methods for solving problems in industry, based on hybrid simulation-optimization approaches that combine the advantages of both paradigms. The book serves as a comprehensive guide to tackling scheduling,...
Cambridge University Press – 2002, 249 p. ISBN: 0521800560, 9780521800563 This book presents a model of computing and a measure of computational complexity which are intended to facilitate analysis of computations performed by people, machines, or a mixed system of people and machines. The model is designed to apply directly to models of economic theory, which typically involve...
2nd ed. — World Scientific Publishing Co. Pte. Ltd., 2016. — 568 p. — 9789814696340 The second edition introduces a chapter of computer modeling and six chapters of mathematical and other modeling. Similar to the first edition, the second structures the content of the book into statistical (more commonly known), computer, mathematical, and other modeling approaches, would...
Wiley, 2014. — 386 p. — ISBN: 1118547616, 9781118547618 Business Models For Dummies helps you write a solid business model to further define your company's goals and increase attractiveness to customers. Inside, you'll discover how to: make a value proposition; define a market segment; locate your company's position in the value chain; create a revenue generation statement;...
CRC Press, 2024. — 279 p. — (Emerging Technologies). — ISBN: 9781032481104. Advances on Mathematical Modeling and Optimization with Its Applications discusses optimization, equality, and inequality constraints and their application in the versatile optimizing domain. It further covers non-linear optimization methods such as global optimization, and gradient-based non-linear...
Chapman and Hall CRC, 2009. — 445 p. — (CRC Statistics in the Social and Behavioral Sciences Series). — ISBN: 1439800383, 9781439800386 Emphasizing causation as a functional relationship between variables that describe objects, Linear Causal Modeling with Structural Equations integrates a general philosophical theory of causation with structural equation modeling (SEM) that...
N.-Y.: Chapman and Hall CRC, 2009. - 445 p. Emphasizing causation as a functional relationship between variables that describe objects, Linear Causal Modeling with Structural Equations integrates a general philosophical theory of causation with structural equation modeling (SEM) that concerns the special case of linear causal relations. In addition to describing how the...
Wiley, 2008. – 1033 p. – ISBN: 047017921X, 9780470179215 If you’re seeking solutions to advanced and even esoteric problems, Advanced Analytical Models goes beyond theoretical discussions of modeling by facilitating a thorough understanding of concepts and their real-world applications — including the use of embedded functions and algorithms. This reliable resource will equip...
Oxford University Press, 2011. — 574 p. — ISBN: 9780199575084 Fixed Income Modeling offers a unified presentation of dynamic term structure models and their applications to the pricing and risk management of fixed income securities. It explains the basic fixed income securities and their properties and uses as well as the relations between those securities. The book presents...
Vieweg; Teubner, 2011. — 173 p. — ISBN: 978-3834817716 Financial markets are becoming increasingly complex. The financial crisis of 2008 to 2009 has demonstrated that an improved understanding of the mechanisms embedded in the market is a key requirement for the estimation of financial risk. Recently, concepts of theoretical physics, in particular concepts of complex systems,...
Springer, 2009. — 736 p. — 2nd ed. — ISBN: 3540209662, 9783540209669 This book provides a comprehensive, self-contained and up-to-date treatment of the main topics in the theory of option pricing. The first part of the text starts with discrete-time models of financial markets, including the Cox-Ross-Rubinstein binomial model. The passage from discrete- to continuous-time...
N.-Y.: Springer, 2014. — 356 p. This book describes a system of mathematical models and methods that can be used to analyze real economic and managerial decisions and to improve their effectiveness. Application areas include: management of development and operation budgets, assessment and management of economic systems using an energy entropy approach, equation of exchange...
2nd ed. — Cambridge: The MIT Press, 2019. — 568 p. — ISBN: 9780262043120. An introduction to the use of probability models for analyzing risk and economic decisions, using spreadsheets to represent and simulate uncertainty. This textbook offers an introduction to the use of probability models for analyzing risks and economic decisions. It takes a learn-by-doing approach,...
2nd edition. — The MIT Press, 2019. — 568 p. — ISBN: 978-0262043120. An introduction to the use of probability models for analyzing risk and economic decisions, using spreadsheets to represent and simulate uncertainty. This textbook offers an introduction to the use of probability models for analyzing risks and economic decisions. It takes a learn-by-doing approach, teaching...
Business Expert Press, 2021. — 287 p. This book presents key concepts related to quantitative analysis in business. It is targeted at business students (both undergraduate and graduate) taking an introductory core course. Business analytics has grown to be a key topic in business curricula and there is a need for stronger quantitative skills and understanding of fundamental...
John Wiley & Sons, 2004. - 624 p. In recent years, much useful methodology has been developed in accelerated testing - this book makes it available to practitioners. Many products last so long that life testing at design conditions is impractical. However, these products can be life-tested at high-stress conditions to yield failures quickly. Such testing saves much time and...
World Scientific Publishing Company, 2009. – 348 p. – ISBN: 9814273503, 9789814273503 This volume provides recent developments and a state-of-the-art review in various areas of mathematical modeling, computation and optimization. It contains theory, computation as well as the applications of several mathematical models to problems in statistics, games, optimization and...
Birkhäuser, 2010, -263 p. This edited book contains a compilation of the most recent developments of economic models and algorithms in distributed systems research. The papers were selected from two different workshops related to economic aspects in distributed systems, which were co-located with the IEEE Grid 2007 conference in Austin and with the ACM MardiGras 2008 conference...
Oxford University Press, USA; 9 edition (February 26, 2004). — 624 p. — ISBN10: 0195168070. Now in a ninth edition, Engineering Economic Analysis offers comprehensive coverage of financial and economic decision-making for engineering projects, with an emphasis on problem solving, life cycle costs, and the time value of money. The spreadsheet material from the previous edition...
InTeO – 2012, 262 p. ISBN: 9535105503, 9789535105503 This book is comprised of a collection of reviews and research works from international professionals from various parts of the world. Its main focus is on quality management practices in organization and dealing with specific total quality practices to quality management systems. It is intended for use as a reference at the...
Unpublished, 2017. - 822 p. This text is an introduction to pricing and hedging in discrete and continuous time financial models without friction (i.e. without transaction costs), with an emphasis on the complementarity between analytical and probabilistic methods. Its contents are mostly mathematical, and also aim at making the reader aware of both the power and limitations of...
Wiley-Blackwell, 2010. — 186 p. — ISBN: 1405133716, 9781405133715 In Practical Financial Optimization: A Library of GAMS Models, the authors provide a diverse set of models for portfolio optimization, based on the General Algebraic Modeling System. ‘GAMS’ consists of a language which allows a high-level, algebraic representation of mathematical models and a set of solvers –...
Springer, 2014. — 574 p. — (Springer Texts in Business and Economics). — ISBN: 3642549497, 9783642549496 This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary...
Giulia Di Nunno, Bernt Oksendal. Advanced Mathematical Methods for Finance. Springer, 2011. - 544 p. - ISBN: 3642184111 This book presents innovations in the mathematical foundations of financial analysis and numerical methods for finance and applications to the modeling of risk. The topics selected include measures of risk, credit contagion, insider trading, information in...
Palgrave Macmillan, 2016. — 336 p. Spatio-Temporal Framing Anomalies in the NPV-MIRR-IRR Model and Related Approaches; and Regret Theory Regret Theory and Asset Pricing Anomalies in Incomplete Markets with Dynamic Unaggregated Preferences The Descartes’ Sign Rule, Sturm’s Theorem, Vincent’s Theorem and the Fourier-Budan Theorem Are Wrong MN-2 Invariants and Homomorphisms for...
Charles Griffin and Company Ltd, 1975. — 208 p. No more than average mathematical ability is required to understand the powerful technique of input-output analysis as presented in this unique book. After a discussion of the input-output concept, the book reviews the methodology showing how commodities are priced as well as methods of import/export and joint product treatment. A...
CRC Press, 2017. — 279 p. — ISBN: 78-1-4987-6240-3. Affordability is a new concept that allows the implementation of Continuous Improvement for any organization. It encapsulates contemporary methods that improve product and service profitability, increases market share, value, speed, quality and capability, and cuts down on cost. This new method addresses the needs of growing,...
OUP Oxford – 2010, 923 p. ISBN: 0199548900 Bayesian analysis has developed rapidly in applications in the last two decades and research in Bayesian methods remains dynamic and fast-growing. Dramatic advances in modeling concepts and computational technologies now enable routine application of Bayesian analysis using increasingly realistic stochastic models, and this drives the...
Cambridge: Cambridge University Press, 2014. - 318 p. The theory of optimal transportation has its origins in the eighteenth century when the problem of transporting resources at a minimal cost was first formalised. Through subsequent developments, particularly in recent decades, it has become a powerful modern theory. This book contains the proceedings of the summer school...
Cambridge University Press, 2015. — 234 p. — ISBN: 9781107097797 The late 1960s saw the growth of the new long-run theory of the firm, many of the contributions to this literature appearing in the American Economic Review. At about the same time, capital theory flourished, as a sequel to Sraffa’s famous book, Production of Commodities. Each of these theories emphasized that the...
Springer, 2014. — 229 p. — ISBN: 9781461494621, 9781461494638 Advances in social science research methodologies and data analytic methods are changing the way research in information systems is conducted. New developments in statistical software technologies for data mining (DM) such as regression splines or decision tree induction can be used to assist researchers in...
Cambridge: Cambridge University Press, 2009. — 560 p. Written in an appealing and informal style, this text is a self-contained second course on mathematical methods in linear algebra and multivariate calculus. The prerequisites are elementary courses in linear algebra and calculus, but the author has maintained a balance between a rigorous theoretical and a "cookbook"...
Palgrave Macmillan, 2015. — 110 p. Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real...
Wiley, 2010. – 766 p. – ISBN: 0470371897, 9780470371893 An introduction to the theory and practice of financial simulation and optimization In recent years, there has been a notable increase in the use of simulation and optimization methods in the financial industry. Applications include portfolio allocation, risk management, pricing, and capital budgeting under uncertainty....
Mathematical Association of America, 2013. — 134 p. An MAA NOTES volume that illustrates the uses of mathematics in economics would be a valued resource for mathematics faculty who want to enrich their undergraduate mathematics courses and better accommodate the needs of students interested in economics. Applications of Mathematics in Economics presents an overview of the...
ISTE–Wiley, 2018. — 307 p. — (Metaheuristics SET: Volume 11). — ISBN: 978-1-78630-281-6. In recent times, the problem of portfolio optimization has become increasingly complex due to the myriad objectives and constraints induced by the market norms, investor preferences and investment strategies which define the underlying portfolios. With the required mathematical models...
Springer, 2010. – 178 p. – ISBN: 3642021468, 9783642021473 This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects were given the opportunity to trade in a stock market modeled after...
CRC Press, 2022. — 345 p. — ISBN: 978-0-367-75902-5. In Mathematical Analysis and Optimization for Economists, the author aims to introduce students of economics to the power and versatility of traditional as well as contemporary methodologies in mathematics and optimization theory; and, illustrates how these techniques can be applied in solving microeconomic problems. This...
Unpublished, 2017. — 103 p. Financial Introduction Brownian Motion and Stochastic Calculus Black-Scholes Theory Black-Scholes Greeks Exotic Options Implied Volatility and Local Volatility Fit Stochastic Volatility Stochastic Control Martingales and Stopping Times Notes on Fourier Transform
Springer, 2018. — 379 p. — (International Series in Operations Research & Management Science 266). — ISBN: 9783319697239, 9783319697253. This book presents the methodology and applications of Data Envelopment Analysis (DEA) in measuring productivity, efficiency and effectiveness in Financial Services firms such as banks, bank branches, stock markets, pension funds, mutual...
Cambridge: Cambridge University Press, 2010. — 570 p. The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This textbook represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavior under risk and...
Prentice Hall – 2007, 948 p., 4th edition ISBN: 0131876287, 9780131876286 This book is intended for undergraduate engineering students taking the introductory engineering economics course at the university level. The fourth edition of Contemporary Engineering Economics has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and...
Basic Books, 2004. — 603 p. —ISBN 978 — 0 — 786 — 72255 — —6 Anticipating Others'Anticipation Fear, Greed, and Cognitive Illusion Trends, Crowds, and Waves Chance and Efficient Markets Value Investing and Fundamental Analysis Option, Risk, and Volatility Diversifying Stock Portfolios Connectedness and Chaotic Price Movements From Paradox to Comlexity
Springer, 2015. — 184 p. — (EcoProduction). — ISBN: 9783319073460, 9783319073477 The aim of this book is to present qualitative aspects of logistics operations and supply chain management which help to implement the sustainable policy principles in the companies and public sector’s institutions. Authors in individual chapters address the issues related to reverse network...
London: Springer-Verlag London Limited 2000. — 176 p. — ISBN: 1-85233-304-9. Springer Finance Series. This book aims to give an overview of models that can be used for efficient valuation of (exotic) interest rate derivatives. The first part of this book discusses and compares traditional models such as spot and forward rate models which are widely used by both academics and...
QuantEcon, 2020. — 1186 p. Like Python and R, and unlike products such as MatLAB and Stata, there is a looser connection between Julia as a programming language and Julia as a specific development environment. While you will eventually use other editors, there are some advantages to starting with the Jupyter environment while learning Julia. The ability to mix formatted text...
Springer – 2008, 221 p. ISBN: 9788847007031 The interaction between mathematicians and statisticians reveals to be an effective approach to the analysis of insurance and financial problems, in particular in an operative perspective. The Maf2006 conference, held at the University of Salerno in 2006, had precisely this purpose and the collection here published gathers some of the...
N.-Y.: Wiley, 2015. — 656 p. A cutting-edge guide for the theories, applications, and statistical methodologies essential to heavy tailed risk modeling Focusing on the quantitative aspects of heavy tailed loss processes in operational risk and relevant insurance analytics, Advances in Heavy Tailed Risk Modeling: A Handbook of Operational Risk presents comprehensive coverage of...
McGraw-Hill Professional, 2006. — 599 p. — ISBN: 0071463399, 9780071463393, 0071491651, 9780071491655 Over the past decade, companies have redirected their maintenance operational focus from internal cost-cutting to profit-maximization. This approach is referred to as profit centered maintenance. Peters provides maintenance supervisors and managers with a benchmarking/best...
Springer – 2009, 249 p. ISBN: 3540894993 Stochastic optimization problems arise in decision-making problems under uncertainty, and find various applications in economics and finance. On the other hand, problems in finance have recently led to new developments in the theory of stochastic control. This volume provides a systematic treatment of stochastic optimization problems...
CRC Press, Taylor & Francis Group, 2020. — 238 p. — (Science, Technology, and Management). — ISBN: 9780429021305. Both process planning and scheduling are very important functions of manufacturing, which affect together the cost to manufacture a product and the time to deliver it. This book contains various approaches proposed by researchers to integrate the process planning...
Wiley, 2013. — 429 p. — (Wiley finance series). — ISBN: 9781118558768 Written by the Founder and CEO of the prestigious New York School of Finance, this book schools you in the fundamental tools for accurately assessing the soundness of a stock investment. Built around a full-length case study of Wal-Mart, it shows you how to perform an in-depth analysis of that company's...
2nd ed. — Wiley, 2022. — 433 p. — ISBN: 1119808898. The fully revised new edition of the best-selling guide to using financial models to determine if a stock is over or undervalued. Written by the founder and CEO of the world-renowned New York School of Finance, Financial Modeling, and Valuation provides clear and systematic guidance on accurately evaluating the soundness of a...
2nd ed. — Wiley, 2022. — 433 p. — ISBN: 1119808898. The fully revised new edition of the best-selling guide to using financial models to determine if a stock is over or undervalued. Written by the founder and CEO of the world-renowned New York School of Finance, Financial Modeling, and Valuation provides clear and systematic guidance on accurately evaluating the soundness of a...
Academic Press, 2017. — 450 p. — ISBN: 978-0-12-810484-2. This book employs an innovative strategy to teach business analytics. It uses simulation modeling and analysis as mechanisms to introduce and link predictive and prescriptive modeling. Because managers can't fully assess what will happen in the future, but must still make decisions, the book treats uncertainty as an...
Springer, 2008. - 664 p. This book on scheduling covers theoretical models as well as scheduling problems in the real world. The book consists of three parts. The first part focuses on deterministic scheduling with the associated combinatorial problems. The second part covers probabilistic scheduling models. In this part it is assumed that processing times and other problem...
ISBN13: 9780123814166, 2011, 4th Edition. - 575 p. This text is aimed at students familiar with elementary probability theory and calculus, and bridges the gap between basic probability and an intermediate level course in stochastic processes. The objectives of the text are to introduce students to the standard concepts and methods of stochastic modeling, to illustrate the rich...
Academic Press, 2011. — 582 p. — 4th ed. — ISBN: 0123814162, 9780123814166 Serving as the foundation for a one-semester course in stochastic processes for students familiar with elementary probability theory and calculus, Introduction to Stochastic Modeling, 4e, bridges the gap between basic probability and an intermediate level course in stochastic processes. The objectives of...
Springer, 2016. — 386 p. — ISBN: 9783319325415 This book gathers carefully selected works in Mathematical Economics, on myriad topics including General Equilibrium, Game Theory, Economic Growth, Welfare, Social Choice Theory, Finance. It sheds light on the ongoing discussions that have brought together leading researchers from Latin America and Southern Europe at recent...
Springer, 2006. – 324 p. – ISBN: 0387279318, 9780387279312 Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered...
Springer – 2010, 868 p. ISBN: 3642120571 Accessible to a wide readership Contains many new results on numerical methods but also innovative methodologies in quantitative finance Exercises with solutions are included to help the reader to develop a good understanding of the underlying mathematics In financial and actuarial modeling and other areas of application, stochastic...
K. Binmore, Playing for Real - A Text on Game Theory. Oxford University Press, 2007, 652 p. Getting Locked In. Backing Up. Taking Chances. Accounting for Tastes. Planning Ahead. Mixing Things Up. Fighting It Out. Keeping Your Balance. Buying Cheap. Selling Dear. Repeating Yourself. Getting the Message. Keeping Up to Date. Seeking Refinement. Knowing What to Believe. Getting...
Wiley, 2005. — 238 p. Financial market volatility forecasting is one of today's most important areas of expertise for professionals and academics in investment, option pricing, and financial market regulation. While many books address financial market modeling, no single book is devoted primarily to the exploration of volatility forecasting and the practical use of forecasting...
John Wiley & Sons, 2003. – 256 p. ISBN: 0471420077 Learn how to forecast the market with Elliott Wave Theory In Applying Elliott Wave Theory Profitably author Steven Poser shows readers how to trade using Elliott Wave Theory-a powerful technical analysis tool used to forecast the stock market-through easy-to-follow trading strategies, while offering clear explanations on how to...
Scientific Article. — Working Paper # BSP/2006/086 – Moscow, New Economic School, 2006. — 26 p. In this article I suggest theoretical model which explains the intensity and the structure of ruraltourban migration. The key feature of my analysis as opposed to existing literature is that agents differ with respect to risk aversion. My model demonstrates that people with different...
Wiley, 2013. — 544 p. — 4th ed. — ISBN: 1118582691, 9781118582695 Management Science provides students and business analysts with the technical knowledge and skill needed to develop real expertise in business modeling. The authors cover spreadsheet engineering, management science, and the modeling craft. The text is designed to improve modeling efficiency and modeling...
Wiley2010ISBN: 0470530677528 p. Now in its third edition, Management Science helps business professionals gain the essential skills needed to develop real expertise in business modeling. The biggest change in the text is the conversion of software from Crystal Ball to Risk Solver to reflect changes in the field. More coverage of management science topics has been added. Broader...
McGraw-Hill Education, 2009. — 397 p. Named one of the "Best Books on Innovation, 2008" by BusinessWeek magazine From the greatest minds in business today comes a groundbreaking new blueprint for executing the next stage of customer-created value. C.K. Prahalad, the world's premier business thinker, and IT scholar M.S. Krishnan unveil the critical missing link in connecting...
Wiley – 2009, 744 p. ISBN: 0470398124, 9780470398128 This book is designed to start with simple examples that progressively develop the reader's confidence to take on more complex tasks. There is very little theoretical discussion about computer science, operations research algorithms, mathematics, or finance. The thrust of the book is to teach the reader to break complex tasks...
Wiley, 2011. — 995 p. — ISBN: 978-0470562390. This book is written for financial analysts who have a working knowledge of Excel and VBA and who wish to enhance their marketability by improving their modeling expertise. The goal of the book is to broaden the reader’s VBA skills and at the same time to progressively integrate Access, PowerPoint, and Outlook into an existing...
Chapman and Hall/C.R.C. – 2007, 456 p. ISBN: 1584885785 In answer to the intense development of new financial products and the increasing complexity of portfolio management theory, Portfolio Optimization and Performance Analysis offers a solid grounding in modern portfolio theory. The book presents both standard and novel results on the axiomatics of the individual choice in an...
CRC Press, 2014. — 294 p. The purpose of this book is to present the conceptual underpinnings of derivative pricing from a single, unified perspective — the factor model perspective. The key idea is that the stochastic differential equation models used in derivative pricing can be interpreted as linear factor models that relate sources of risk (the factors) to returns. When...
Unpublished, 2017. — 144 p. ThetopicscoveredinthesenotesincludeabasiccoverageofValueatRisk and expected shortfall, as well as structures of random dependence. Credit default is treated via defaultable bonds, Credit Default Swaps (CDSs) and collateralized debt obligations (CDOs), based on stochastic calculus. Basic risk Theory and credit scoring are presented with illustrative...
Springer, 2010. — 270 p. Discovered in the seventies, Black-Scholes formula continues to play a central role in Mathematical Finance. We recall this formula. Let (B,t? 0; F,t? 0, P) - t t note a standard Brownian motion with B = 0, (F,t? 0) being its natural?ltra- 0 t t tion. Let E:= exp B?,t? 0 denote the exponential martingale associated t t 2 to (B,t? 0). This martingale,...
Berlin: Springer, 2008. - 142 p. The book analyzes how modern portfolio theory and dynamic term structure models can be applied to government bond portfolio optimization problems. The author studies the necessary adjustments, examines the models with regard to the plausibility of their results and compares the outcomes to portfolio selection techniques used by practitioners....
Chapman and Hall/CRC – 2007, 464 p. ISBN10: 1584885580 Quantitative equity portfolio management combines theories and advanced techniques from several disciplines, including financial economics, accounting, mathematics, and operational research. While many texts are devoted to these disciplines, few deal with quantitative equity investing in a systematic and mathematical...
Springer, 2016. — 200 p. — (Uncertainty and Operations Research). — ISBN: 981101809X, 9789811018091 This book provides a new modeling approach for portfolio optimization problems involving a lack of sufficient historical data. The content mainly reflects the author’s extensive work on uncertainty portfolio optimization in recent years. Considering security returns as different...
Routledge, 2023. — 254 p. An Introduction to Economic Dynamics provides a framework for students to appreciate and understand the basic intuition behind economic models and to experiment with those models using simulation techniques in MatLAB. This book goes beyond the often-limited scope of other texts on economic models, which have largely focused on elucidating static...
8th ed. — Cengage Learning, 2018. — 869 p. in color. — ISBN: 9781905947412. Written by the innovator of the spreadsheet teaching revolution and highly regarded leader in business analytics, Cliff Ragsdale’s new edition of Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Management Science retains the elements and philosophy of past success while now helping...
Thomson – 2007, 840 p. ISBN: 0324656637 Spreadsheets are one of the most popular and ubiquitous software packages on the planet. Every day, millions of business people use spreadsheet programs to build models of the decision problems they face as a regular part of their work activities. As a result, employers look for experience and ability with spreadsheets in the people they...
South-Western, Cengage Learning, 2012. – 794 p. – 6th ed. – ISBN: 0538746327, 9780538746328 Spreadsheets are one of the most popular and ubiquitous software packages on the planet. Every day, millions of business people use spreadsheet programs to build models of the decision problems they face as a regular part of their work activities. As a result, employers look for...
9th edition. — Cengage Learning, 2022. — 908 p. — ISBN: 978-0-357-13209-8. Master key spreadsheet and business analytics skills with Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Business Analytics, 9th Edition, written by respected business analytics innovator Cliff Ragsdale. This edition's clear presentation, realistic examples, fascinating topics,...
Amsterdam: Springer,1992. - 496 p. These three volumes contain an account of Professor Henri Theil's distinguished career as a leader, advisor, administrator, teacher, and researcher in economics and econometrics. The books also contain a selection of his contributions in many areas, such as econometrics, demand analysis, information theory, forecasting, statistics, economic...
Amsterdam: Springer, 1992. - 360 p. . These three volumes contain an account of Professor Henri Theil's distinguished career as a leader, advisor, administrator, teacher, and researcher in economics and econometrics. The books also contain a selection of his contributions in many areas, such as econometrics, demand analysis, information theory, forecasting, statistics, economic...
Routledge, 2005, 265 p. As the intersection between economics and mathematics continues to grow in both theory and practice, a solid grounding in mathematical concepts is essential for all serious students of economic theory. In this clear and entertaining volume, Rakesh V.Vohra sets out the basic concepts of mathematics as they relate to economics. The book divides the...
SAGE, 2003. — 202 p. — ISBN: 076199761X, 0761997601. 'This book is an excellent tool for practitioners who are interested in the merits and pitfalls of the technique. (The author's) research is an example of inventiveness, diligence and accuracy' - Freerk A. Lootsma, Delft Institute of Technology Data envelopment Analysis is a Mathematical Programme for measuring performance...
Springer, 2010. — 392 p. — ISBN: 0857290142, 9780857290144 Advanced Modeling and Optimization of Manufacturing Processes presents a comprehensive review of the latest international research and development trends in the modeling and optimization of manufacturing processes, with a focus on machining. It uses examples of various manufacturing processes to demonstrate advanced...
Cambridge University PressISBN: 05218025632004366 p. This book describes the method of data envelopment analysis that uses mathematical programming techniques to obtain measures of efficiency of individual forms from their observed input and output quantities. The method permits setting up realistic input-output targets for the firm's managers. A firm is considered to be...
New Delhi: Springer, 2015. — 281 p. This book provides a detailed introduction to the theoretical and methodological foundations of production efficiency analysis using benchmarking. Two of the more popular methods of efficiency evaluation are Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA), both of which are based on the concept of a production...
Springer, 2015. — 291 p. — ISBN: 9788132222521 This book provides a detailed introduction to the theoretical and methodological foundations of production efficiency analysis using benchmarking. Two of the more popular methods of efficiency evaluation are Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA), both of which are based on the concept of a...
N.-Y.: Palgrave Macmillan, 2015. - 256 p. The series of recent financial crises has thrown open the world of quantitative finance and financial modeling. The era of stochastic calculus is over and the time of Ito derivation as a unique tool of modeling is at an end. Today, quants need a broad modeling skill set – one that transcends mathematics to price and hedge financial...
The MIT Press – 2010, 746 p. ISBN: 026201369X, 9780262013697 This text offers an accessible yet rigorous development of many of the fields of mathematics necessary for success in investment and quantitative finance, covering topics applicable to portfolio theory, investment banking, option pricing, investment, and insurance risk management. The approach emphasizes the...
Idea Group, 2007. — 998 p. The Handbook of Research on Nature-Inspired Computing for Economics and Management is the original, comprehensive reference work on research and applications of nature inspired computing to economics and management. It is an authoritative source, providing global coverage of this new and exciting field. Gathering the work of over 100 internationally...
2nd ed. — Business Expert Press, 2015. — 195 p. — (Quantitative approaches to decision making collection). — ISBN: 1631570595, 9781631570599, 9781631570605, 1631570609 A basic understanding of multiple regression is helpful in carrying out good business practicesspecifically in the areas of demand management and data analysis. This book on correlation and regression analysis...
Katie L. Terrell, Marcia Weidenmier Watson, Vernon Richardson. — McGraw-Hill LLC, 2024. — 464 p. — ISBN: 978-1-266-18914-2. Introduction to Business Analytics recognizes that students need to develop the skills to ask the right questions, learn to use common workplace tools (such as Excel, Tableau, and Power BI) to examine and analyze data and interpret results accurately and...
New York: Springer, 2017. — 324 p. The book conclusively solves problems associated with the control and estimation of nonlinear and chaotic dynamics in financial systems when these are described in the form of nonlinear ordinary differential equations. It then addresses problems associated with the control and estimation of financial systems governed by partial differential...
CRC Press, 2009. — 321 p. — ISBN: 9781420072730 The objective of this book is twofold: To introduce the basic concepts, methods, and fundamental results of scheduling theory. To expose recent developments in the area. In each chapter, emphasis is given to self-contained, easy-to-follow, but still rigorous presentations. The book is full of examples, beautiful theorems, and...
Wiley, 2022. — 220 p. — "Wiley and SAS Business Serie". — ISBN: 9781119824947. A wide-ranging overview of the use of machine learning and AI techniques in financial risk management, including practical advice for implementation. Risk Modeling: Practical Applications of Artificial Intelligence, Machine Learning, and Deep Learning introduces readers to the use of innovative AI...
Hoboken: Wiley, 2016. — 483 p. A fresh take on financial data visualization for greater accuracy and understanding Your data provides a snapshot of the state of your business and is key to the success of your conversations, decisions, and communications. But all of that communication is lost — or incorrectly interpreted — without proper data visualizations that provide context...
Springer, 2020. — 216 p. — ISBN: 9783030343125, 9783030343118. This book highlights recent advances in the field of districting, territory design, and zone design. Districting problems deal essentially with tactical decisions, and involve mainly dividing a set of geographic units into clusters or territories subject to some planning requirements. This book presents models,...
Springer, 2013. — 162 p. 44 illus., 3 illus. in color. — ISBN: 9783642352010, 9783642352027 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...
San Diego: Elsevier Academic Press, 2019. — 818 p. Excel And Fundamental Mathematics For Economics Excel VBA, Solver and Other Advanced Worksheet Tools Univariate and Multivariate Calculus Elements of Linear Algebra Mathematics for Dynamic Economic Models Static Optimization Classical Static Nonlinear Optimization Theory Microeconomic Theory in a Static Environment Linear...
Elsevier, Academic Press, 2020. — 815 p. — ISBN: 978-0-12-817648-1. Elements of Numerical Mathematical Economics with Excel: Static and Dynamic Optimization shows readers how to apply static and dynamic optimization theory easily and practically, without requiring the mastery of specific programming languages that are often difficult and expensive to learn. Featuring...
Elsevier Academic Press, 2020. — 816 p. — ISBN: 978-0-12-817648-1. Elements of Numerical Mathematical Economics with Excel: Static and Dynamic Optimization shows readers how to apply static and dynamic optimization theory in an easy and practical manner, without requiring the mastery of specific programming languages that are often difficult and expensive to learn. Featuring...
Springer, 2015. — 612 p. — (Springer Texts in Business and Economics). — ISBN: 9783662479032, 9783662479049 This textbook connects three vibrant areas at the interface between economics and computer science: algorithmic game theory, computational social choice, and fair division. It thus offers an interdisciplinary treatment of collective decision making from an economic and...
Springer, 2004. — 488 p. This book is an introduction to both statistical modeling and finance, with special attention to the interaction between the two. The reader is assumed to have some background in probability and statistics, but perhaps only an introductory course, and all of the statistical theory needed for the applications in finance is introduced as required. No...
Springer, 2012. — 412 p. (Springer Series in Operations Research and Financial Engineering) The author's particular interest in the area of risk measures is to combine this theory with the analysis of dependence properties. The present volume gives an introduction of basic concepts and methods in mathematical risk analysis, in particular of those parts of risk theory that are...
Yale University, 167 p. Introduction Markov Decision Processes (MDP’s) and the Theory of Dynamic Programming Definitions of MDP’s, DDP’s, and CDP’s Bellman’s Equation, Contraction Mappings, and Blackwell’s Theorem Error Bounds for Approximate Fixed Points of Approximate Bellman Operators A Geometric Series Representation for MDP’s Examples of Analytic Solutions to Bellman’s...
Springer, 2018. — 196 p. — (Systems & Control: Foundations & Applications). — ISBN: 3319790323. In a unified form, this monograph presents fundamental results on the approximation of centralized and decentralized stochastic control problems, with uncountable state, measurement, and action spaces. It demonstrates how quantization provides a system-independent and constructive...
Springer, 2018. — 196 p. — (Systems & Control: Foundations & Applications). — ISBN: 3319790323. In a unified form, this monograph presents fundamental results on the approximation of centralized and decentralized stochastic control problems, with uncountable state, measurement, and action spaces. It demonstrates how quantization provides a system-independent and constructive...
5th edition. — Loglinear Publishing, 2015. — 274 p. Guides economics students in the use of calculus and linear algebra, up to and including multivariate calculus and Lagrangians. Some exposure to calculus is helpful but not necessary. Suitable for a one-semester course, self-study, or as a reference. The mathematical method: Definitions. Difference between 'equal' and...
Loglinear Publishing, 2015. — 284 p. Part 2 takes up the story where Mathematical Economics Part 1 left off: the multivariate chain rule, homogeneous functions, Euler’s theorem, total differentials, the envelope theorem, as well as applications to profit and utility maximization, and cost minimization. It then shifts to random variables and econometrics. The book ends on...
Loglinear Publishing, 2001. — 239 p. Guides economics students in the use of econometrics and forecasting, up to and including multivariate time series. Trends, Cycles and Seasonality: The trends. Seasonality. Modeling and Cycles. Stationary Stochastic Process: The short memory property. The AR(1) model. The autocovariance function. The autocorrelation function. Forecasting....
QuantEcon, 2020. — 943 p. This book presents a set of lectures on Python programming for economics and finance. The lecture describes important ideas in economics that use the mathematics of geometric series. Among these are: the Keynesian multiplier. the money multiplier that prevails in fractional reserve banking systems. interest rates and present values of streams of...
Academic Press, 2010, -323 p. The practical aspects of optimization rarely receive global, balanced examinations. Stephen Satchell's nuanced assembly of technical presentations about optimization packages (by their developers) and about current optimization practice and theory (by academic researchers) makes available highly practical solutions to our post-liquidity bubble...
Butterworth Heinemann, 2003. — 384 p. This volume on portfolio optimization and construction originated from conversations between a number of the contributors and the editors. We were inspired to write by the common realization that a lot of exciting unrecognized new work is being done by both academics and practitioners. Initial concerns that we would not find enough...
Springer – 2012, 157 p. ISBN: 1461439264, 9781461439264 This self-contained monograph presents a new stochastic approach to global optimization problems arising in a variety of disciplines including mathematics, operations research, engineering, and economics. The volume deals with constrained and unconstrained problems and puts a special emphasis on large scale problems. It...
Springer, 2013. — 269 p. 100 illus. — 2nd ed. — ISBN: 3642398170, 9783642398179 In recent years, the usual optimization techniques, which have proved so useful in microeconomic theory, have been extended to incorporate more powerful topological and differential methods, and these methods have led to new results on the qualitative behavior of general economic and political...
Springer, 2014. — 300 p. 2nd edition ISBN: 3642398170 In recent years, the usual optimization techniques, which have proved so useful in microeconomic theory, have been extended to incorporate more powerful topological and differential methods, and these methods have led to new results on the qualitative behavior of general economic and political systems. These developments...
Wiley, 2009. — 201 p. This book introduces L´evy processes in the world of credit risk modeling. Attention is paid to all kind of credit derivatives: from single-name vanillas like Credit Default Swaps (CDSs) to structured credit risk products like Constant Proportion Portfolio Insurances (CPPIs) and Constant Proportion Debt Obligations (CPDOs). It brings in high-tech financial...
Springer, 2003. – 250 p. – ISBN: 0387002820, 9780387002828 Statistical Physics and Economics covers systematically and in simple language the physical foundations of evolution equations, stochastic processes, and generalized Master equations applied to complex economic systems. Strong emphasis is placed on concepts, methods, and techniques for modeling, assessment, and solving...
New York: Dover Publications, 2018. — 304 p. An early but still useful and frequently cited contribution to the science of mathematical economics, this volume is geared toward graduate students in the field. Prerequisites include familiarity with the basic theory of matrices and linear transformations and with elementary calculus. Author Jacob T. Schwartz begins his treatment...
Springer, 2011. — 154 p. Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openings and closings. What explains this? What does this say about the quality of our markets? Can short-period volatility be controlled by better market design and a more effective use of electronic...
(Publication details not specified). We will start with a refresher on linear programming, particularly Lagrange Theory. The problems we will encounter should provide the motivation for the rest of the first part of this course where we will be concerned mainly with the mathematical foundations of optimization theory. This includes a revision of basic set theory, a look at...
World Scientific Pub Co Inc – 2003, 404 p. ISBN: 9812380345, 9789812380340 Economics and the social sciences are, in fact, the "hard" sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary...
Academic Press, 2009. – 398 p. – ISBN: 0123745217, 9780123745217 How can managers increase their ability to calculate price and risk data for financial instruments while decreasing their dependence on a myriad of specific instrument variants? Wolfgang Schwerdt and Marcelle von Wendland created a simple and consistent way to handle and process large amounts of complex financial...
Springer US, 1997. — 258 p. — ISBN: 1461378850, 9781461378853 Control theory methods in economics have historically developed over three phases. The first involved basically the feedback control rules in a deterministic framework which were applied in macrodynamic models for analyzing stabilization policies. The second phase raised the issues of various types of inconsistencies...
Springer Berlin Heidelberg, 2003. — 183 p. — ISBN: 9783642057281, 9783540247913 New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applications in management science and operations research. This monograph develops and generalizes the new...
Springer, 1995. — 296 p. — ISBN: 9789048145829 Data envelopment analysis develops a set of nonparametric and semiparametric techniques for measuring economic efficiency among firms and nonprofit organizations. Over the past decade this technique has found most widespread applications in public sector organizations. However these applications have been mostly static. This...
Springer, 2014. — 340 p. — ISBN: 9781489975430, EISBN: 9781489975447 This book opens new avenues in understanding mathematical models within the context of a transition economy. The exposition lays out the methods for combining different mathematical structures and tools to effectively build the next model that will accurately reflect real world economic processes. Mathematical...
CRC Press, 2022. — 301 p. — ISBN: 978-0-367-69840-9. Due to increasing industry 4.0 practices, massive industrial process data is now available for researchers for modeling and optimization. Artificial Intelligence methods can be applied to the ever-increasing process data to achieve robust control against foreseen and unforeseen system fluctuations. Smart computing techniques,...
Belknap Press of Harvard University Press, 2004. — 760 p. — ISBN: 0674011554, 9780674011557. One of the best works ever written in economic analysis of law. A must-have for any lawyer.
Princeton: Princeton University Press, 1971. - 324 p. A sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the economic theory of production. The approach is axiomatic for a definition of technology, by mappings of input vectors into subsets of output vectors that represent...
Springer, 2006. — 328 p. — ISBN: 9780387332116, 9780387332314 The service economy is now the largest portion of the industrialized world's economic activity. This development has dramatically raised the importance of maximizing productivity excellence in service organizations. The need for productivity excellence has led service organization managers to use benchmarking...
CRC Press, 2010. — 492 p. — ISBN: 1420051113, 9781420051117 Markov modeling can enhance your ability to analyze complex production and service systems. However, most books on Markov chains or decision processes are often either highly theoretical, with few examples, or highly prescriptive, with little justification for the steps of the algorithms used to solve Markov models....
Apress, 2016. — 108 p. — ISBN: 978-1-4842-2420-5. This concise book shows readers how experiential learning can be used to overcome the challenges posed in applying and delivering information technology (IT) to their business needs through innovative, game-based approach. Technology innovations and evolving business models are part of a rapid change that is forcing corporate...
Springer – 2007, 228 p. ISBN: 3540740104 Although three decades have passed since first publication of this book reprinted now as a result of popular demand, the content remains up-to-date and interesting for many researchers as is shown by the many references to it in current publications. The "ground floor" of Optimal Stopping Theory was constructed by A.Wald in his...
New York: Cambridge University Press, 2003. — 255 p. This is a short book. It aims to get across the essential elements of dynamics that are used in modern treatments of the subject. More significantly, it aims to do this through the means of examples. Some of these examples are purely algebraic. But many others consider economic models: both microeconomic and macroeconomic....
Springer, 2013. — 250 p. — ISBN: 146148510X This text introduces upper division undergraduate/beginning graduate students in mathematics, finance, or economics, to the core topics of a beginning course in finance/financial engineering. Particular emphasis is placed on exploiting the power of the Monte Carlo method to illustrate and explore financial principles. Monte Carlo is...
Oxford: Oxford University Press, 2018. — 784 p. The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational...
Cambridge University Press, 2019. — 630 p. — ISBN: 978-1-107-03616-1. Methods and perspectives to model and measure productivity and efficiency have made a number of important advances in the last decade. Using the standard and innovative formulations of the theory and practice of efficiency and productivity measurement, Robin C. Sickles and Valentin Zelenyuk provide a...
Springer, 2016. — 95 p. — ASIN B01BOJYQLY. This work presents a new approach to portfolio composition in the stock market. It incorporates a fundamental approach using financial ratios and technical indicators with a Multi-Objective Evolutionary Algorithms to choose the portfolio composition with two objectives the return and the risk. Two different chromosomes are used for...
De Gruyter, 2013. — 509 p. This book gives a systematical presentation of stochastic approximation methods for models of American-type options with general pay-off functions for discrete time Markov price processes. It is the first volume of the comprehensive two volumes monograph.
Boston: Walter de Gruyter, 2015. — 573 p. The second volume of this systematical presentation of stochastic approximation methods for models of American-type options presents results on structural studies of optimal stopping domains, Monte Carlo based approximation reward algorithms, and convergence of American-type options for autoregressive and continuous time models, as well...
Wiley, 2017. — 400 p. — ISBN: 978-1119349839. Reality-based modeling for today's unique economic recovery Economic Modeling in the Post Great Recession Era presents a more realistic approach to modeling, using direct statistical applications to address the characteristics and trends central to current market behaviors. This book's unique focus on the reality of today's markets...
Wiley, 2010. — 356 p. — ISBN: 978-0470741573. This book is an introduction to the modeling of cash collateralised debt obligations (“CDOs”). It is intended that the reader have a basic understanding of CDOs and a basic working knowledge of Microsoft Office Excel. There will be written explanations of concepts along with understandable mathematical explanations and examples...
Springer – 2012, 260 p. ISBN: 3642279309 The current financial crisis has revealed serious flaws in models, measures and, potentially, theories, that failed to provide forward-looking expectations for upcoming losses originated from market risks. The Proceedings of the Perm Winter School 2011 propose insights on many key issues and advances in financial markets modeling and...
Chapman & Hall, 2009. — 455 p. — ISBN: 1420082663 Useful Concepts and Techniques for Economics Applications Drawing from many sources in the literature, Stochastic Dominance and Applications to Finance, Risk and Economics illustrates how stochastic dominance (SD) can be used as a method for risk assessment in decision making. It provides basic background on SD for various areas...
2nd edition. — The MIT Press, 2022. — 490 p. The second edition of a rigorous and example-driven introduction to topics in economic dynamics that emphasizes techniques for modeling dynamic systems. This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling dynamic systems. Written to be...
Springer – 2012, 465 p. ISBN: 3642223966 Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations....
Stachurski John -Economic Dynamics Theory and Computation, The MIT Press -2009, - 392 p. Preface xiii. Common Symbols xvii. I Introduction to Dynamics. Introduction to Programming. Basic Techniques. Algorithms. Coding: First Steps. Modules and Scripts. Flow Control. Program Design. User-Defined Functions. More Data Types. Object-Oriented Programming. Commentary. Analysis in...
Guilford Pubn, 2010. – 244 p. – ISBN: 160623546X, 1606235451, 9781606235461 This book provides invaluable guidance for thinking through and planning a qualitative study. Rather than offering recipes for specific techniques, master storyteller Robert Stake stimulates readers to discover "how things work" in organizations, programs, communities, and other systems. Topics range...
Academic Press, 2015. — 188 p. This textbook is the response to our students’ needs as communicated in our performance feedback (Thanks to you all!). Initially, it was dedicated to our international students on short-term student-exchange projects. At a later stage, we learned that a textbook on an introduction to finance, written in simple English, clearly presenting the most...
Wiley, 2009. — 275 p. To many investors, the hedge fund world is shrouded in secrecy and compounded by complicated structures and investment vehicles. Even some investment professionals view hedge funds as Satan here on earth. The horror stories of investors losing millions of dollars while greedy hedge fund managers collect rock star salaries make for great headlines and raw...
N.-Y.: Springer, 2012. - 160 p. Stochastic Optimal Control (SOC) — a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process under uncertainty — has proven incredibly helpful to understanding and predicting debt crises and evaluating proposed financial regulation and risk management. Stochastic Optimal Control and...
Princeton University Press, 2008. — 321 p. — ISBN: 0691135053, 9780691135052 In economic situations where action entails a fixed cost, inaction is the norm. Action is taken infrequently, and adjustments are large when they occur. Interest in economic models that exhibit ''lumpy'' behavior of this kind has exploded in recent years, spurred by growing evidence that it is typical...
Springer, 2017. — 188 p. — (New Frontiers in Regional Science: Asian Perspectives 9). — ISBN: 9789811002410, 9789811002427. This is the first book to fully introduce a newly developed distance friction minimization (DFM) model, which is one of the new efficiency improvement projection approaches in data envelopment analysis (DEA). The DFM model can produce a most effective...
Suzuki Takashi - General equilibrium analysis of production and increasing returns, World Scientific Publishing Co. Pte. Ltd. , Series on Mathematical Economics and Game Theory — Vol. 4, 2009 - 285 p. The economies of the modern advanced countries are characterized by the. enormous extension of the markets, the rapid development of the technologies, and the further...
2nd Edition. — Prentice Hall, 2009. — 631 p. — ISBN: 978-0-273-71328-9. This book finds the right balance between mathematics and economic examples, providing a text that is demanding in level and broad-ranging in content, whilst remaining accessible and interesting to its target audience. Topics in linear algebra. Multivariable calculus. Static optimization. Topics in...
McGraw-Hill, 2012. — 202 p. It never ceases to amaze me how even the most sophisticated investors can so often get caught with their proverbial pants down. For any number of reasons, sophisticated investors make fundamental mistakes, often out of overconfidence, that belie their high status. We see it all the time — investors get sucked into (in hindsight) obvious Ponzi...
Harvester Wheatsheaf, 1994. — 640 p. In Analytical Methods in Economics Akira Takayama presents an exposition of the essential mathematical tools of economics and illustrates their applications to selected economic problems. Drawing on his own teaching experiences and research to provide concrete macro- and microeconomic illustrations of the concepts featured, Takayama...
Harvester Wheatsheaf, 1994. — 640 p. This book is more readable than his "Mathematical Economics" since it is not based on an axiomatic approach in dealing with the problems. This book attempts to introduce some of the mathematical tools that are relevant to economics (espically micro). Proofs of the theorems are mostly omitted. There is a chapter introducing or reviewing some...
Hinsdale, Illinois: The Dryden Press, 1974. — 768 p. — ISBN: 0-03-086653-7. This book is intended to provide a systematic treatment of mathematical economics, a field that has progressed enormously in recent decades. It discusses existing theories in the field and attempts to extend them. The coverage herein is much broader than in any other book currently used in the field....
CRC Press, 2018. — 389 p. The field of financial engineering has developed as a huge integration of economics, probability theory, statistics, etc., for some decades. The composition of portfolios is one of the most fundamental and important methods of financial engineering to control the risk of investments. This book provides a comprehensive development of statistical inference...
World Scientific, 2008. — 297 p. This book contains several innovative models for the prices of financial assets. First published in 1986, it is a classic text in the area of financial econometrics. It presents ARCH and stochastic volatility models that are often used and cited in academic research and are applied by quantitative analysts in many banks. Another often-cited...
World Scientific, 2007. – 296 p. – ISBN: 9812770844, 9789812770844 This book contains several innovative models for the prices of financial assets. First published in 1986, it is a classic text in the area of financial econometrics. It presents ARCH and stochastic volatility models that are often used and cited in academic research and are applied by quantitative analysts in...
Springer, 2012. — 254 p. The field of artificial economics (AE) embraces a broad range of methodologies relying on computer simulations in order to model and study the complexity of economic and social phenomena. The overarching principle of AE is the analysis of aggregate properties of artificial economies populated by adaptive agents that are equipped with behavioural rules...
Bloomberg Press, 2005. – 287 p. – 2nd ed. –ISBN: 1861979150, 9781861979155 All organisations face more and more complex decision making, while the risks dependent on their decisions require increasingly explicit understanding of potential outcomes. This special larger format guide is full of practical help on how to build the best, most flexible, and easy-to-use business models...
Bloomberg Press, 2005. - 281 p. The new edition of this widely acclaimed guide is full of practical help on how to build the best, most flexible, and easy-to-use business models for analyzing the upside-or potential downside-of anything from the small development of an existing business to large-scale mergers and acquisitions. For anyone who wants to get ahead in business and...
Springer, 2001. — 280 p. — ISBN: 9781461355380, 9781461514077 Data Envelopment Analysis (DEA) was initially developed as a method for assessing the comparative efficiencies of organisational units such as the branches of a bank, schools, hospital departments or restaurants. The key in each case is that they perform feature which makes the units comparable the same function in...
Oxford University Press, 2004. — 462 p. — ISBN: 019516962X, 9780195169621. The essential premise of this book is that theory and practice are equally important in describing financial modeling. In it the authors try to strike a balance in their discussions between theories that provide foundations for financial models and the institutional details that provide the context for...
Wiley-Interscience, 2002. - 408 p. A uniquely timely look at where modern financial economic theory has failed-and where we should go from here The collapse of the Scholes-Merton based Long Term Capital Management (LTCM) hedge fund should have sounded alarms or, at least, raised questions about investment strategies based on risk-neutral probabilities. More recently, the...
Wiley, 2007. — 352 p. — ISBN: 978-0470098592. A detailed look at how object-oriented VBA should be used to model complex financial structures This guide helps readers overcome the difficult task of modeling complex financial structures and bridges the gap between professional C++/Java programmers writing production models and front-office analysts building Excel spreadsheet...
Wiley – 2003, 491 p. ISBN: 0471498815 The field of applied probability has changed profoundly in the past twenty years. The development of computational methods has greatly contributed to a better understanding of the theory. A First Course in Stochastic Models provides a self-contained introduction to the theory and applications of stochastic models. Emphasis is placed on...
2007. – 55 p. This paper presents a continuous time model of a firm that can dynamically adjust both its capital structure and its investment choices. In the model we endogenize the investment choice as well as firm value, which are both determined by an exogenous price process that describes the firm’s product market. Within the context of this model we explore crosssectional...
Chapman and Hall/CRC, 2024. — 286 p. — ISBN: 978-1-032-69894-6. Essential Mathematics for Economics covers mathematical topics that are essential for economic analysis in a concise but rigorous fashion. The book covers selected topics such as linear algebra, real analysis, convex analysis, constrained optimization, dynamic programming, and numerical analysis in a single volume....
Springer, 2016. — 272 p. — ISBN: 9811010129, 9789811010125 Includes reviews, theoretical results and application cases of analytical model based research Presents a comprehensive reference source that provides state-of-the-art findings on analytical research related to the fashion business Fills an essential gap in the literature on applied analytical research in the fashion...
World Scientific Publishing – 2011, 272 p. ISBN: 9814355704, 9789814355704 This book introduces some advanced topics in probability theories - both pure and applied - is divided into two parts. The first part deals with the analysis of stochastic dynamical systems, in terms of Gaussian processes, white noise theory, and diffusion processes. The second part of the book discusses...
CRC Press, 2011. — 497 p. Handbook of Empirical Economics and Finance explores the latest developments in the analysis and modeling of economic and financial data. Well-recognized econometric experts discuss the rapidly growing research in economics and finance and offer insight on the future direction of these fields. Focusing on micro models, the first group of chapters...
Springer, 2015. — 443 p. — ISBN: 365807258X Risk budgeting models set risk diversification as objective in portfolio allocation and are mainly promoted from the asset management industry. Albina Unger examines the portfolios based on different risk measures in several aspects from the academic perspective (Utility, Performance, Risk, Different Market Phases, Robustness, and...
Atlantis Press, 2013. — 520 p. — (Mathematics Textbooks for Science and Engineering) ISBN: 9462390355 Under the assumption of a basic knowledge of algebra and analysis, micro and macro economics, this self-contained and self-sufficient textbook is targeted towards upper undergraduate audiences in economics and related fields such as business, management and the applied social...
Atlantis Press, 2015. — 290 p. — (Mathematics Textbooks for Science and Engineering). — ISBN: 9462390878, 9789462390874, 9789462390881 The textbook "Principles of Mathematical Economics" was written for both undergraduate students in economics, and related fields, such as business, and MA or MS level graduate students Given the length of the text, almost 530 p., including...
Routledge – 2006, 422 p. ISBN: 0415306493, 9780415306492 Achille Nicolas Isnard (1749-1803) an engineer with a keen interest in political economy, is best known for demonstrating the concept of market equilibrium using a system of simultaneous equations. The breadth and depth of his work undoubtedly established him as one of the forerunners of modern mathematical economics, yet...
4th edition. — Reactive Publishing, 2024. — 511 p. — ASIN: B0CZQS14R3. Unlock the Power of Advanced Financial Modeling in FP&A. In the fast-paced world of finance, the ability to not just understand but to innovate and predict financial outcomes is more crucial than ever. "Advanced Financial Modeling in FP&A" is the essential guide for finance professionals seeking to harness...
Cambridge: Cambridge University Press, 2013. — 445 p. By providing a solid theoretical basis, this book introduces modern finance to readers, including students in science and technology, who already have a good foundation in quantitative skills. It combines the classical, decision-oriented approach and the traditional organization of corporate finance books with a quantitative...
Publisher: Nova Science Pub Inc, 2011. - 631 p. ISBN10: 1608765008 Mathematics Research Developments. Several problems in modern genome mapping analysis belong to the field of discrete optimisation on a set of all possible orders. In this book, formulations, mathematical models and algorithms for genetic/genomic mapping problem that can be formulated in TSP-like terms are...
Oxford University Press – 2000, 240 p. ISBN: 0198295278, 978-0198295273 In the field of economic analysis, computability in the formation of economic hypotheses is seen as the way forward. In this book, Professor Velupillai implements a theoretical research program along these lines. Choice theory, learning rational expectations equlibria, the persistence of adaptive behavior,...
Wiley – 2012, 443 p. ISBN: 0470876883 Cutting-Edge Developments in High-Frequency Financial Econometrics. In recent years, the availability of high-frequency data and advances in computing have allowed financial practitioners to design systems that can handle and analyze this information. Handbook of Modeling High-Frequency Data in Finance addresses the many theoretical and...
Wiley – 2007, 445 p. ISBN: 0471757683 In The Handbook of Portfolio Mathematics, Vince outlines the essential elements found in his first three groundbreaking books. Portfolio Management Formulas, The Mathematics of Money Management, and The New Money Management.The Mathematics of Money Management, and The New Money Management — and then presents you with new insights that will...
Cambridge University Press, 2011. — 184 p. — ISBN: 1107004365, 9781107004368 Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based...
Chapman and Hall/CRC, 2008. – 600 p. – ISBN: 1584889942, 9781584889946 This volume illustrates how a risk management system can be implemented through an understanding of portfolio credit risks, a set of suitable models, and the derivation of reliable empirical results. It focuses on new products and their applications in the financial services industry and addresses the...
Springer, 2013. — 240 p. — ISBN: 3642340555, 9783642340567 Dissatisfied with the flaws of orthodox economics, the author proposes to base economic theory on the three principles of Darwinian evolution (variation, inheritance, selection). Pursuing a suggestion of E.T. Jaynes of 1991, the innovation is in treating economic behavior as chance events of selection. This involves...
Pearson Education Limited – 2011, 624 p. ISBN: 9780273739470 Quantitative Methods for Business has been thoroughly revised and updated for this 5th edition, and continues to provide a simple and practical introduction to an area that students can find difficult. The book takes a non-threatening approach to the subject, avoiding excessive mathematics and abstract theory. It...
Wiley, 2011. — 664 p. — ISBN: 9780470712207, 9780470662519 A practical, step–by–step introduction to the design of pricing engines with VBA This book teaches students and practitioners the numerics and design of a powerful pricing tool in VBA. It leads the reader through the basics of VBA, from simple procedural code to the advanced design of systems and object–style applications.
Duke University Press Books, 2002. — 328 p. — (Science and Cultural Theory). — ISBN: 0822328712, 9780822328711 In How Economics Became a Mathematical Science E. Roy Weintraub traces the history of economics through the prism of the history of mathematics in the twentieth century. As mathematics has evolved, so has the image of mathematics, explains Weintraub, such as ideas...
Springer, 2013. – 433 p. – ISBN: 3642344674, 9783642344671 This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and specific structure of...
Wessex Institute of Technology. WIT Press/Computational Mechanics. 2004. 320p. ISBN-10: 1853127094. ISBN-13:978-1853127090 Intelligent computational systems have become increasingly important in many financial applications while traditional techniques are constantly being improved and developed as a result of the power of modern computer systems. Reflecting the considerable...
Springer, 1999. — 336 p. — ISBN: 9783824470129 The public and private service sector shows some specificity that classical measurement and benchmarking instruments normally fail to serve. Missing prices for public goods or distinct firm-specific solutions to the same problem - and, thus, different production techniques - are only two of the frequently arising problems. This...
Unpublished, 2013. — 41 p. We present details of the 1D PDE solver used in the OpenGamma Platform, showing how it can price European and American options, with and without barrier features. All the results in this paper we generated using MatLAB.
L.: Euromoney Institutional Investor PLC, 2011. — 197 p. This book has been specifically written to address the financial modeling and analysis needs for corporate finance transactions and projects. Readers may currently be at the beginner or intermediate level. However, it is also useful for managers who require a further understanding of the process without having to go...
L.: Euromoney Institutional Investor PLC, 2010. - 179 p. This practical guide is for those wishing to gain further technical skills and knowledge in this popular and topical area not only in the UK, but all around the world. It will be of particular interest to investment banks, project sponsors, consultants and players within the PFI/PPP market place. It covers financial...
Springer – 2008, 620 p. ISBN: 9780387782126 Marketing models is a core component of the marketing discipline. The recent developments in marketing models have been incredibly fast with information technology (e.g., the Internet), online marketing (e-commerce) and customer relationship management (CRM) creating radical changes in the way companies interact with their customers....
Second Edition. — Springer, 2017. — 598 p. — (International Series in Operations Research & Management Science). — ISBN: 978-3-319-56939-0. The Second Edition of this book presents the state of the art in this important field. Marketing decision models constitute a core component of the marketing discipline and the area is changing rapidly, not only due to fundamental advances...
Wiley, 2014. — 204 p. In The 52-Week Low Formula: A Contrarian Strategy that Lowers Risk, Beats the Market, and Overcomes Human Emotion, wealth manager Luke L. Wiley, CFP examines the principles behind selecting the outstanding companies and great investment opportunities that are being overlooked. Along the way, Wiley offers a melding of the strategies used by such investment...
Wiley, 2012. — 536 p. — ISBN: 978-1118315323 Newly organized to focus exclusively on material tested in the Society of Actuaries' Exam C and the Casualty Actuarial Society's Exam 4, Loss Models: From Data to Decisions, Fourth Edition continues to supply actuaries with a practical approach to the key concepts and techniques needed on the job. With updated material and extensive...
4th ed. — John Wiley & Sons, 2012. — 252 p. Praise for the Third Edition "This book provides in-depth coverage of modeling techniques used throughout many branches of actuarial science...The exceptional high standard of this book has made it a pleasure to read." --Annals of Actuarial Science Newly organized to focus exclusively on material tested in the Society of Actuaries'...
Wiley, 2005. — 344 p. — ISBN: 978-0470016848. Since around the turn of the millennium there has been a general acceptance that one of the more practical improvements one may make in the light of the shortfalls of the classical Black-Scholes model is to replace the underlying source of randomness, a Brownian motion, by a Lévy process. Working with Lévy processes allows one to...
Wiley, 2016. — 338 p. — ISBN: 111892228X, 9781118922286 A world model: economies, trade, migration, security and development aid. This bookprovides the analytical capability to understand and explore the dynamics of globalisation. It is anchored in economic input-output models of over 200 countries and their relationships through trade, migration, security and development aid....
2nd Edition. — New York, USA, Business Expert Press, LLC, 2016. — 205 p. — ISBN: 1631573853. The technique of regression analysis is used so often in business and economics today that an understanding of its use is necessary for almost everyone engaged in the field. This book covers essential elements of building and understanding regression models in a business/economic...
Unpublished, 2011. - 86 p. It has been designed with the support of the Institute of Actuaries to give the undergraduate mathematician an introduction to the financial and insurance worlds in which the practicing actuary works. Students will cover the basic concepts of risk management models for investment and mortality, and for discounted cash-flows. In the examination, a...
South-Western, Cengage Learning, 2012. – 1025 p. in color – 4th ed. – ISBN: 1111531277, 9781111531270 Practical Management Science provides a spreadsheet- based, example-driven approach to management science. Our initial objective in writing the book was to reverse negative attitudes about the course by making the subject relevant to students. We intended to do this by...
Amsterdam: North Holland Publishing Company, 1981. — 337 p. In modern econometric research, an important part is played by the discussion of systems of linear relations assumed to hold between various quantities characteristic of the economic life of a community. Some of these quantities have predetermined values, while others are regarded as observed values of stochastic...
Springer International Publishing AG, 2017. — 274 p. — ISBN: 3319470264 This book takes the reader beyond net effects and main and interaction effects thinking and methods. Complexity theory includes the tenet that recipes are more important than ingredients — any one antecedent (X) condition is insufficient for a consistent outcome (Y) (e.g., success or failure) even though...
Academic Press, 2018. — 245 p. — ISBN: 978-0-12-815632-2. This book applies system and control theory approaches to macroeconomic problems. The book shows how to build simple and efficient macroeconomic models for policy analysis. By using these models, instead of complex multi-criteria models with uncertain parameters, readers will gain new certainty in macroeconomic...
Apress, 2006. — 536 p. Practical .NET for Financial Markets was born because we were convinced no focused literature existed for people involved in application/product development in financial markets using .NET. Although a lot of .NET-related material is available, most often it is not relevant for developers in the finance domain. The finance domain poses some interesting...
N.-Y.: Springer, 2013. — 347 p. State-space models as an important mathematical tool has been widely used in many different fields. This edited collection explores recent theoretical developments of the models and their applications in economics and finance. The book includes nonlinear and non-Gaussian time series models, regime-switching and hidden Markov models, continuous-...
Springer, 2019. — 223 p. — (Springer Texts in Business and Economics). — ISBN: 978-3-030-27288-3. This textbook provides a one-semester introduction to mathematical economics for first year graduate and senior undergraduate students. Intended to fill the gap between typical liberal arts curriculum and the rigorous mathematical modeling of graduate study in economics, this text...
Marcel Dekker, 1999. — 636 p. This reference provides a lucid introduction to the principles and applications of Knaster-Kuratowski-Mazurkiewicz (KKM) theory and explores related topics in nonlinear set-valued analysis. Introduction: the KKM theory and related topics; topological intersection and minimax theorems; abstract economics; variational inequalities. Part 1:...
Wiley – 2012, 248 p. ISBN: 1444350315 Nonlinearity, Complexity and Randomness in Economics presents a variety of papers by leading economists, scientists, and philosophers who focus on different aspects of nonlinearity, complexity and randomness, and their implications for economics. A theme of the book is that economics should be based on algorithmic, computable mathematical...
World Scientific Publishing Co., 2005. — 512 p. ISBN: 9812563334 Although the application of differential equations to economics is a vast and vibrant area, the subject has not been systematically studied; it is often treated as a subsidiary part of mathematical economics textbooks. This book aims to fill that void by providing a unique blend of the theory of differential...
CreateSpace Independent Publishing Platform – 2008, 191 p. ISBN: 1438236662, 9781438236667 This book will prepare you for quantitative finance interviews by helping you zero in on the key concepts that are frequently tested in such interviews. In this book we analyze solutions to more than 200 real interview problems and provide valuable insights into how to ace quantitative...
Springer, 2016. — 594 p. — (International Series in Operations Research & Management Science). — ISBN: 978-1-4899-7682-6, 978-1-4899-7684-0 This handbook compiles state-of-the-art empirical studies and applications using Data Envelopment Analysis (DEA). It includes a collection of 18 chapters written by DEA experts. Chapter 1 examines the performance of CEOs of U.S. banks and...
Springer, 2015. — 472 p. — (Applied Mathematics, Operations Research). — ISBN: 1489975527 This handbook represents a milestone in the progression of Data Envelopment Analysis (DEA). Written by experts who are often major contributors to DEA theory, it includes a collection of chapters that represent the current state-of-the-art in DEA research. Topics include distance functions...
N.-Y.: Springer, 2015. — 465 p. This handbook represents a milestone in the progression of Data Envelopment Analysis (DEA). Written by experts who are often major contributors to DEA theory, it includes a collection of chapters that represent the current state-of-the-art in DEA research. Topics include distance functions and their value duals, cross-efficiency measures in DEA,...
Springer – 2009, 338 p. ISBN: 3642018076, 9783642018077 The sound modeling of the smile effect is an important issue in quantitative finance as, for more than a decade, the Fourier transform has established itself as the most efficient tool for deriving closed-form option pricing formulas in various model classes. This book describes the applications of the Fourier transform to...
Springer 2007ISBN: 978-0-387-71606-0334 p. In a relatively short period of time, Data Envelopment Analysis (DEA) has grown into a powerful quantitative, analytical tool for measuring and evaluating performance. It has been successfully applied to a whole variety of problems in many different contexts worldwide. The analysis of an array of these problems has been resistant to...
2nd ed. — Springer, 2013. — 661 p. — (Springer Finance). — ISBN: 9781461473053, 9781461473060 You-lan Zhu, Xiaonan Wu, I-Liang Chern, Zhi-zhong Sun (auth.) This book is mainly devoted to finite difference numerical methods for solving partial differential equations (PDEs) models of pricing a wide variety of financial derivative securities. With this objective, the book is...
World Scientific, 2006. — 756 p. A reprint of one of the classic volumes on portfolio theory and investment, this book has been used by the leading professors at universities such as Stanford, Berkeley, and Carnegie-Mellon. It contains five parts, each with a review of the literature and about 150 p. of computational and review exercises and further in-depth, challenging...
Springer – 2010, 480pages ISBN: 3540928278 Multicriteria analysis is a rapidly growing aspect of operations research and management science, with numerous practical applications in a wide range of fields. This book presents all the recent advances in multicriteria analysis, including multicriteria optimization, goal programming, outranking methods, and disaggregation...
World Scientific, 2002. – 400 p. – ISBN: 9810247532, 9789810247539 The rapid changes that have taken place globally on the economic, social and business fronts characterized the 20th century. The magnitude of these changes has formed an extremely complex and unpredictable decision-making framework, which is difficult to model through traditional approaches. The main purpose of...
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