Newsletter   Secure Checkout   Shopping Cart (0 Items)  
Search:    Welcome Guest! Save up to 30-40% on most items with our awesome everyday discounts!

Optimal Stopping Rules (Stochastic Modelling and Applied Probability) [Paperback]

By A. N. Shiryaev & A. B. Aries (Translator)
Our Price $ 84.59  
Retail Value $ 89.99  
You Save $ 5.40  
Item Number 225324  
Buy New $84.59
Available on the Internet only.

Item description for Optimal Stopping Rules (Stochastic Modelling and Applied Probability) by A. N. Shiryaev & A. B. Aries...

Although three decades have passed since first publication of this book reprinted now as a result of popular demand, the content remains up-to-date and interesting for many researchers as is shown by the many references to it in current publications.The "ground floor" of Optimal Stopping Theory was constructed by A.Wald in his sequential analysis in connection with the testing of statistical hypotheses by non-traditional (sequential) methods.It was later discovered that these methods have, in idea, a close connection to the general theory of stochastic optimization for random processes.The area of application of the Optimal Stopping Theory is very broad. It is sufficient at this point to emphasise that its methods are well tailored to the study of American (-type) options (in mathematics of finance and financial engineering), where a buyer has the freedom to exercise an option at any stopping time.In this book, the general theory of the construction of optimal stopping policies is developed for the case of Markov processes in discrete and continuous time. One chapter is devoted specially to the applications that address problems of the testing of statistical hypotheses, and quickest detection of the time of change of the probability characteristics of the observable processes.The author, A.N.Shiryaev, is one of the leading experts of the field and gives an authoritative treatment of a subject that, 30 years after original publication of this book, is proving increasingly important.

Promise Angels is dedicated to bringing you great books at great prices. Whether you read for entertainment, to learn, or for literacy - you will find what you want at!

Item Specifications...

Pages   217
Est. Packaging Dimensions:   Length: 0.5" Width: 6" Height: 9"
Weight:   0.75 lbs.
Binding  Softcover
Release Date   Nov 28, 2007
Publisher   Springer
ISBN  3540740104  
ISBN13  9783540740100  

Availability  109 units.
Availability accurate as of Oct 26, 2016 02:02.
Usually ships within one to two business days from La Vergne, TN.
Orders shipping to an address other than a confirmed Credit Card / Paypal Billing address may incur and additional processing delay.

More About A. N. Shiryaev & A. B. Aries

Register your artisan biography and upload your photo! Are You The Artisan or Author behind this product?
Improve our customers experience by registering for an Artisan Biography Center Homepage.

Product Categories

1Books > Special Features > New & Used Textbooks > Business & Finance
2Books > Special Features > New & Used Textbooks > Sciences > Mathematics > Statistics
3Books > Subjects > Business & Investing > Economics > Statistics
4Books > Subjects > Professional & Technical > Professional Science > Mathematics > Applied > Statistics
5Books > Subjects > Science > General
6Books > Subjects > Science > Mathematics > Applied > Probability & Statistics

Reviews - What do customers think about Optimal Stopping Rules (Stochastic Modelling and Applied Probability)?

Be the first to write a review about Optimal Stopping Rules (Stochastic Modelling and Applied Probability)

Ask A Question or Provide Feedback regarding Optimal Stopping Rules (Stochastic Modelling and Applied Probability)

Item Feedback and Product Questions
For immediate assistance call 888.395.0572 during the hours of 10am thru 8pm EST Monday thru Friday and a customer care representative will be happy to help you!

Help us continuously improve our service by reporting your feedback or questions below:

I have a question regarding this product
The information above is incorrect or conflicting
The page has misspellings or incorrect grammar
The page did not load correctly in my browser or created an error.

Email Address:
Anti Spam Question. To combat spammers we require that you answer a simple question.
What color is the sky?
Leave This Blank :
Do Not Change This Text :

Add This Product Widget To Your Website

Looking to add this information to your own website? Then use our Product Widget to allow you to display product information in a frame that is 120 pixels wide by 240 pixels high.

    Copy and paste the following HTML into your website and enjoy!

Order toll-free weekdays 10am thru 10pm EST by phone: 1-888-395-0572 (Lines are closed on holidays & weekends.)
Customer Service | My Account | Track My Orders | Return Policy | Request Free Catalog | Email Newsletter

Gift Certificates
RSS Feeds
About Us
Contact Us
Terms Of Use
Privacy Policy