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Contract Theory in Continuous-Time Models
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Contract Theory in Continuous-Time Models

This monograph surveys recent results of the theory in a systematic way, using the approach of the so-called Stochastic Maximum Principle, in models driven by Brownian Motion.

Optimal contracts are characterized via a system of Forward-Backward Stochastic Differential Equations.

Upplaga
2013 ed.
ISBN
9783642433528
Språk
Engelska
Vikt
310 gram
Utgivningsdatum
2014-10-15
Sidor
256