Title: Optimal Investment (SpringerBriefs in Quantitative Finance)
Description: <p><br>Readers of this book will learn how to solve a wide range of optimal investment problems arising in finance and economics. <br>Starting from the fundamental Merton problem, many variants are presented and solved, often using numerical techniques <br>that the book also covers. The final chapter assesses the relevance of many of the models in common use when applied to data.</p>
Subjects: Investment analysis, Mathematical models, Merton Model, Numerical analysis, Mathematics, Finance, Mathematical optimization, Quantitative Finance, Finance/Investment/Banking, Calculus of Variations and Optimal Control; Optimization