Dynamic Programming Volume I: Finite States
Dynamic Programming Volume I: Finite States
by Thomas J. Sargent and John Stachurski
English | 2023 | ISBN: N/A | 443 Pages | True PDF | 9.7 MB
by Thomas J. Sargent and John Stachurski
English | 2023 | ISBN: N/A | 443 Pages | True PDF | 9.7 MB
This book is about dynamic programming and its applications in economics, finance, and adjacent fields like operations research. It brings together recent innovations in the theory of dynamic programming and also provides related applications and computer code.
Topics
Fixed points and order
Markov models
Optimal stopping
Markov decision processes
State dependent discounting
Nonlinear valuation
Abstract dynamic programming