
The Art of Smooth Pasting (English, A. Dixit)
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About the Book
This book aims to widen the understanding of stochastic dynamic choice and equilibrium models. It offers a simplified and heuristic exposition of the theory of Brownian motion and its control or regulation, rendering such methods more accessible to economists who do not require a detailed, mathematical treatment of the subject. The main mathematical ideas are presented in a context which with which economists will be familiar. Using a binomial ap…
ISBN: 9783718653843
Book Specifications
| ISBN-13 | 9783718653843 |
| ISBN-10 | 3718653842 |
| Publisher | Routledge |
| Category | Routledge |
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