Random Dynamical Systems in Finance

1st Edition

Anatoliy Swishchuk, Shafiqul Islam

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Chapman and Hall/CRC
Published April 19, 2016
Reference - 357 Pages
ISBN 9780429107177 - CAT# KE77754

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Summary

The theory and applications of random dynamical systems (RDS) are at the cutting edge of research in mathematics and economics, particularly in modeling the long-run evolution of economic systems subject to exogenous random shocks. Despite this interest, there are no books available that solely focus on RDS in finance and economics. Exploring this