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The book explores Stochastic Optimal Control (SOC) as a framework for understanding and mitigating financial risk, particularly in the context of the 2008 U.S. financial crisis. It highlights how SOC can effectively address regulatory challenges and provides insights into debt crises and their implications. Through this analysis, the author argues for the methodology's relevance in enhancing financial stability and reducing vulnerabilities in economic systems.
Buchkauf
Stochastic Optimal Control and the U.S. Financial Debt Crisis, Jerome L. Stein
- Sprache
- Erscheinungsdatum
- 2014
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- (Paperback)
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