£111.18

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£111 today · all-time low £110 (Aug 2026) · usually £112

Springer Applied Stochastic Models and Control for Finance and Insurance

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£111.54 £109.76 £110.15 £110.54 £110.92 £111.31 £111.70 28 July 2026 14 August 2026 01 September 2026 18 September 2026 06 October 2026
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Description

Applied Stochastic Models and Control for Finance and Insurance introduces essential stochastic models used in economics, finance and insurance at an accessible level. The book systematically applies Markov chains, random walks, stochastic differential equations and other stochastic processes to real-world economic and financial problems. Using a dynamic programming framework, it addresses fundamental optimisation challenges in these fields. Beginning with problems that involve time, uncertainty and risk, this Springer publication equips readers with practical tools for analysing and managing financial and insurance scenarios. Ideal for students and professionals seeking a grounded introduction to stochastic methods and their applications in financial decision-making and risk management.

Key Features

Introduces Markov chains, random walks and stochastic differential equations with systematic application to finance and insurance problems.

Employs dynamic programming framework to tackle optimisation challenges in economics and financial planning.

Covers essential stochastic processes and their practical use in managing uncertainty and risk across financial applications.

Presents introductory-level content suitable for students and professionals new to stochastic modelling in finance.

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
07 November 2012
Listed Since
03 March 2013

Barcode

No barcode data available

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