Business Ebook Optimal Control Models in Finance : A New Computational Approach - Springer
Content :
The determination of optimal financing and investment strategies (optimal capital structure or optimal mix of funds, optimal portfolio choice, etc.) for corporations and the economy are important for efficient allocation of resources in the economy. Optimal control methods have useful applications to these areas in finance - some optimization problems in finance include optimal control, involving a dynamic system with switching times in the form of bang-bang control. Optimal control models for corporate finance and the economy are presented in this book and the analytical and computational results of these models are also reported. Such computational approaches to the study of optimal corporate financing are not well known in the existing literature. This book develops a new computational method where switching times are considered as variables in the optimal dynamic financial model represented by a second order differential equation. A new computer program named CSTVA (Computer Program for the Switching Time Variables Algorithm), which can compute bang-bang optimal financial models with switching time, is also developed. Optimal financing implications of the model results in the form of optimal switching times for changes in financing policies and the optimal financial policies are analyzed.
Keywords Ebooks:
optimal Ebook switching Ebook control Ebook models Ebook financing Ebook
| Ebook | |
| Server | Status |
| rapidshare.com | Alive |
| rapidshare.com | Alive |
Random Business Ebook
| Schaums Easy Outline Bookkeeping and Accounting |
| What could be better than the bestselling Schaum's Outline series? For students looking for a quick... |
| Essentials of Payroll: Management and Accounting |
| Your one-stop-shop for unparralled coverage of payroll control systems, best practices, measurements and reports, cost account, and outsourcing. Includes a step... |
| Technology Paradise Lost |
| no description ... |
| Business Coaching: Achieving Practical Results Through Effective Engagement |
| The aim of this book is primarily to enable those wanting to invest in coaching to be able to do so in the most effective way whether they are doing this as an ... |
| Media Diversity Economics Ownership and the FCC |
| no description ... |
| Get Clients Now!: A 28-day Marketing Program for Professionals, Consultants, And Coaches |
| Foreword by Jay Conrad Levinson, author of the ‘Guerilla Marketing’ series Get Clients Now empowers readers with its 28-day plan for energizing thei... |