Back to home page
|Listed in category:

Picture 1 of 4

Time-Inconsistent Control Theory with Finance Applications by Mariana Khapko,... - Picture 1 of 4
Time-Inconsistent Control Theory with Finance Applications by Mariana Khapko,... - Picture 2 of 4
Time-Inconsistent Control Theory with Finance Applications by Mariana Khapko,... - Picture 3 of 4
Time-Inconsistent Control Theory with Finance Applications by Mariana Khapko,... - Picture 4 of 4
Have one to sell?
Sell it yourself

Time-Inconsistent Control Theory with Finance Applications by Mariana Khapko,...

acutus1
  • (568)
AU $150.00
4 payments of AU $37.50 with Afterpay
Condition:
Brand new
Hurry before it's gone. 1 person is watching this item.
Postage:
AU $30.00 Australia Post International Standard.
International delivery of items may be subject to customs processing and additional charges.
International postage – items may be subject to customs processing depending on the item's customs value.
 
Sellers declare the item's customs value and must comply with customs declaration laws.
 
Information
As the buyer, you should be aware of possible:
• Delays from customs inspection.
• Import duties and taxes which buyers must pay.
• Brokerage fees payable at the point of delivery.
 
Your country's customs office can offer more details, or visit eBay's page on international trade.
Located in: Lindfield, NSW, Australia
Delivery:
Estimated between Tue, 19 Nov and Fri, 29 Nov to 60629
Delivery time is estimated using our proprietary method which is based on the buyer's proximity to the item location, the postage service selected, the seller's postage history, and other factors. Delivery times may vary, especially during peak periods.
Please allow additional time if international delivery is subject to customs processing.
Returns:
30-day returns. Buyer pays for return postage.
Payments:
   

Shop with confidence

eBay Money Back Guarantee
Get the item you ordered or your money back. Learn moreeBay Money Back Guarantee - opens new window or tab
Report this item - opens in new window or tab
Seller assumes all responsibility for this listing.
eBay item number:335044223361
Last updated on 29 Oct, 2024 23:08:17 AEDSTView all revisionsView all revisions

Item specifics

Condition
Brand new: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN
9783030818425

About this product

Product Information

This book is devoted to problems of stochastic control and stopping that are time inconsistent in the sense that they do not admit a Bellman optimality principle. These problems are cast in a game-theoretic framework, with the focus on subgame-perfect Nash equilibrium strategies. The general theory is illustrated with a number of finance applications.In dynamic choice problems, time inconsistency is the rule rather than the exception. Indeed, as Robert H. Strotz pointed out in his seminal 1955 paper, relaxing the widely used ad hoc assumption of exponential discounting gives rise to time inconsistency. Other famous examples of time inconsistency include mean-variance portfolio choice and prospect theory in a dynamic context. For such models, the very concept of optimality becomes problematic, as the decision maker's preferences change over time in a temporally inconsistent way. In this book, a time-inconsistent problem is viewed as a non-cooperative game between the agent's current and future selves, with the objective of finding intrapersonal equilibria in the game-theoretic sense. A range of finance applications are provided, including problems with non-exponential discounting, mean-variance objective, time-inconsistent linear quadratic regulator, probability distortion, and market equilibrium with time-inconsistent preferences. Time-Inconsistent Control Theory with Finance Applications offers the first comprehensive treatment of time-inconsistent control and stopping problems, in both continuous and discrete time, and in the context of finance applications. Intended for researchers and graduate students in the fields of finance and economics, it includes a review of the standard time-consistent results, bibliographical notes, as well as detailed examples showcasing time inconsistency problems. For the reader unacquainted with standard arbitrage theory, an appendix provides a toolbox of material needed for the book.

Product Identifiers

Publisher
Springer Nature Switzerland Ag
ISBN-13
9783030818425
eBay Product ID (ePID)
27049026091

Product Key Features

Publication Year
2021
Subject
Finance, Mathematics
Number of Pages
326 Pages
Language
English
Publication Name
Time-Inconsistent Control Theory with Finance Applications
Type
Textbook
Author
Mariana Khapko, Agatha Murgoci, Tomas Bjoerk
Format
Hardcover

Dimensions

Item Height
235 mm
Item Width
155 mm

Additional Product Features

Country/Region of Manufacture
Switzerland
Title_Author
Mariana Khapko, Tomas Bjoerk, Agatha Murgoci
Series Title
Springer Finance

Item description from the seller

About this seller

acutus1

99.4% positive Feedback•1.1K items sold

Joined Nov 2012
Usually responds within 24 hours
Seller's other itemsContact

Detailed seller ratings

Average for the last 12 months
Accurate description
4.9
Reasonable postage costs
5.0
Postage speed
5.0
Communication
4.9

Seller feedback (471)

  • t***i (1064)- Feedback left by buyer.
    Past 6 months
    Verified purchase
    Took longer than expected to arrive but not the seller's fault, it was the courier. Item was as per description and well packaged. Seller was also communicated well during the transaction and shipping.
    Farscape Series 1 2 3 4 Complete Series Box Set DVD Fast Shipping (#335431080898)
  • 7***g (486)- Feedback left by buyer.
    Past 6 months
    Verified purchase
    As described. I offered to pay extra for tracking of the item but seller declined my offer. Thanks so much not taking up my offer but still sending with tracking number. Arrived earlier than expected in great packaging.
    Unpacking Switch (#335479390127)
  • h***e (189)- Feedback left by buyer.
    Past month
    Verified purchase
    Packaged really well, as described, fast shipping, A+ seller!
    Will and Grace: Complete DVD Collection Season 1 2 3 5 6 7 8 (DVD) 2005 (#335137175868)
See all feedback

Product ratings and reviews

Learn more
Write a review
No ratings or reviews yet.
Be the first to write the review.

More to explore: