Stochastics Of Environmental And Financial Economics PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Stochastics Of Environmental And Financial Economics PDF full book. Access full book title Stochastics Of Environmental And Financial Economics.

Stochastics of Environmental and Financial Economics

Stochastics of Environmental and Financial Economics
Author: Fred Espen Benth
Publisher: Springer
Total Pages: 362
Release: 2015-10-23
Genre: Science
ISBN: 3319234250

Download Stochastics of Environmental and Financial Economics Book in PDF, ePub and Kindle

These Proceedings offer a selection of peer-reviewed research and survey papers by some of the foremost international researchers in the fields of finance, energy, stochastics and risk, who present their latest findings on topical problems. The papers cover the areas of stochastic modeling in energy and financial markets; risk management with environmental factors from a stochastic control perspective; and valuation and hedging of derivatives in markets dominated by renewables, all of which further develop the theory of stochastic analysis and mathematical finance. The papers were presented at the first conference on “Stochastics of Environmental and Financial Economics (SEFE)”, being part of the activity in the SEFE research group of the Centre of Advanced Study (CAS) at the Academy of Sciences in Oslo, Norway during the 2014/2015 academic year.


Dynamic and Stochastic Approaches to the Environment and Economic Development

Dynamic and Stochastic Approaches to the Environment and Economic Development
Author: Amitrajeet A. Batabyal
Publisher: World Scientific
Total Pages: 254
Release: 2008
Genre: Business & Economics
ISBN: 9812772006

Download Dynamic and Stochastic Approaches to the Environment and Economic Development Book in PDF, ePub and Kindle

This book is a collection of Amitrajeet A Batabyal's most important papers on the environment and economic development. This book's uniqueness stems from the fact that it uses novel modeling tools that are largely unfamiliar to economists to shed valuable light on contemporary problems at the interface of the environment and economic development.


Commodities, Energy and Environmental Finance

Commodities, Energy and Environmental Finance
Author: René Aïd
Publisher: Springer
Total Pages: 431
Release: 2015-06-30
Genre: Mathematics
ISBN: 1493927337

Download Commodities, Energy and Environmental Finance Book in PDF, ePub and Kindle

This volume is a collection of chapters covering the latest developments in applications of financial mathematics and statistics to topics in energy, commodity financial markets and environmental economics. The research presented is based on the presentations and discussions that took place during the Fields Institute Focus Program on Commodities, Energy and Environmental Finance in August 2013. The authors include applied mathematicians, economists and industry practitioners, providing for a multi-disciplinary spectrum of perspectives on the subject. The volume consists of four sections: Electricity Markets; Real Options; Trading in Commodity Markets; and Oligopolistic Models for Energy Production. Taken together, the chapters give a comprehensive summary of the current state of the art in quantitative analysis of commodities and energy finance. The topics covered include structural models of electricity markets, financialization of commodities, valuation of commodity real options, game-theory analysis of exhaustible resource management and analysis of commodity ETFs. The volume also includes two survey articles that provide a source for new researchers interested in getting into these topics.


Dynamic and Stochastic Approaches to the Environment and Economic Development

Dynamic and Stochastic Approaches to the Environment and Economic Development
Author: Amitrajeet A. Batabyal
Publisher: World Scientific
Total Pages: 254
Release: 2008
Genre: Business & Economics
ISBN: 9812772014

Download Dynamic and Stochastic Approaches to the Environment and Economic Development Book in PDF, ePub and Kindle

This book is a collection of Amitrajeet A Batabyal''s most important papers on the environment and economic development. It begins with a comprehensive and previously unpublished introductory chapter, followed by 12 chapters on different problems such as land use for agricultural purposes, environmental policy design, flood control, and renewable resource management. This book''s uniqueness stems from the fact that it uses novel modeling tools that are largely unfamiliar to economists to shed valuable light on contemporary problems at the interface of the environment and economic development. Sample Chapter(s). Chapter 1: Introduction to Dynamic and Stochastic Approaches to the Environment and Economic Development (127 KB). Contents: Introduction: Introduction to Dynamic and Stochastic Approaches to the Environment and Economic Development; Agriculture: Swidden Agriculture in Developing Countries (with H Beladi); Aspects of Land Use in Slash and Burn Agriculture (with D M Lee); Renewable Resources: Renewable Resource Management in Developing Countries: How Long Until Crisis? (with H Beladi); A Stackelberg Game Model of Trade in Renewable Resources with Competitive Sellers (with H Beladi); A Differential Game Theoretic Analysis of International Trade in Renewable Resources (with H Beladi); Environmental Policy: Dynamic Environmental Policy in Developing Countries with a Dual Economy (with D M Lee); A Dynamic Analysis of Protection and Environmental Policy in a Small Trading Developing Country (with H Beladi); Aspects of the Theory of Environmental Policy in Developing Countries (with H Beladi); and other papers. Readership: Researchers and graduate students in environmental and developmental economics, industry professionals at OC think tanksOCO and resource and development organizations.


Computation and Combinatorics in Dynamics, Stochastics and Control

Computation and Combinatorics in Dynamics, Stochastics and Control
Author: Elena Celledoni
Publisher: Springer
Total Pages: 734
Release: 2019-01-13
Genre: Mathematics
ISBN: 3030015939

Download Computation and Combinatorics in Dynamics, Stochastics and Control Book in PDF, ePub and Kindle

The Abel Symposia volume at hand contains a collection of high-quality articles written by the world’s leading experts, and addressing all mathematicians interested in advances in deterministic and stochastic dynamical systems, numerical analysis, and control theory. In recent years we have witnessed a remarkable convergence between individual mathematical disciplines that approach deterministic and stochastic dynamical systems from mathematical analysis, computational mathematics and control theoretical perspectives. Breakthrough developments in these fields now provide a common mathematical framework for attacking many different problems related to differential geometry, analysis and algorithms for stochastic and deterministic dynamics. In the Abel Symposium 2016, which took place from August 16-19 in Rosendal near Bergen, leading researchers in the fields of deterministic and stochastic differential equations, control theory, numerical analysis, algebra and random processes presented and discussed the current state of the art in these diverse fields. The current Abel Symposia volume may serve as a point of departure for exploring these related but diverse fields of research, as well as an indicator of important current and future developments in modern mathematics.


Ambit Stochastics

Ambit Stochastics
Author: Ole E. Barndorff-Nielsen
Publisher: Springer
Total Pages: 402
Release: 2018-11-01
Genre: Mathematics
ISBN: 3319941291

Download Ambit Stochastics Book in PDF, ePub and Kindle

Drawing on advanced probability theory, Ambit Stochastics is used to model stochastic processes which depend on both time and space. This monograph, the first on the subject, provides a reference for this burgeoning field, complete with the applications that have driven its development. Unique to Ambit Stochastics are ambit sets, which allow the delimitation of space-time to a zone of interest, and ambit fields, which are particularly well-adapted to modelling stochastic volatility or intermittency. These attributes lend themselves notably to applications in the statistical theory of turbulence and financial econometrics. In addition to the theory and applications of Ambit Stochastics, the book also contains new theory on the simulation of ambit fields and a comprehensive stochastic integration theory for Volterra processes in a non-semimartingale context. Written by pioneers in the subject, this book will appeal to researchers and graduate students interested in empirical stochastic modelling.


Stochastic Models for Prices Dynamics in Energy and Commodity Markets

Stochastic Models for Prices Dynamics in Energy and Commodity Markets
Author: Fred Espen Benth
Publisher: Springer Nature
Total Pages: 250
Release: 2023-11-16
Genre: Mathematics
ISBN: 3031403673

Download Stochastic Models for Prices Dynamics in Energy and Commodity Markets Book in PDF, ePub and Kindle

This monograph presents a theory for random field models in time and space, viewed as stochastic processes with values in a Hilbert space, to model the stochastic dynamics of forward and futures prices in energy, power, and commodity markets. In this book, the well-known Heath–Jarrow–Morton approach from interest rate theory is adopted and extended into an infinite-dimensional framework, allowing for flexible modeling of price stochasticity across time and along the term structure curve. Various models are introduced based on stochastic partial differential equations with infinite-dimensional Lévy processes as noise drivers, emphasizing random fields described by low-dimensional parametric covariance functions instead of classical high-dimensional factor models. The Filipović space, a separable Hilbert space of Sobolev type, is found to be a convenient state space for the dynamics of forward and futures term structures. The monograph provides a classification of important operators in this space, covering covariance operators and the stochastic modeling of volatility term structures, including the Samuelson effect. Fourier methods are employed to price many derivatives of interest in energy, power, and commodity markets, and sensitivity 'delta' expressions can be derived. Additionally, the monograph covers forward curve smoothing, the connection between forwards with fixed delivery and delivery period, as well as the classical theory of forward and futures pricing. This monograph will appeal to researchers and graduate students interested in mathematical finance and stochastic analysis applied in the challenging markets of energy, power, and commodities. Practitioners seeking sophisticated yet flexible and analytically tractable risk models will also find it valuable.


Optimization in Economics and Finance

Optimization in Economics and Finance
Author: Bruce D. Craven
Publisher: Springer Science & Business Media
Total Pages: 174
Release: 2005-10-24
Genre: Business & Economics
ISBN: 0387242805

Download Optimization in Economics and Finance Book in PDF, ePub and Kindle

Some recent developments in the mathematics of optimization, including the concepts of invexity and quasimax, have not yet been applied to models of economic growth, and to finance and investment. Their applications to these areas are shown in this book.


Experiments in Environmental Economics, Volumes I and II

Experiments in Environmental Economics, Volumes I and II
Author: Jason F. Shogren
Publisher: Routledge
Total Pages: 556
Release: 2018-04-27
Genre: Social Science
ISBN: 1351766791

Download Experiments in Environmental Economics, Volumes I and II Book in PDF, ePub and Kindle

This title was first published in 2003.Over the decades, experiential methods have become an established research tool in environmental economics. Economists working in this area have realised that experimental methods from economics and other disciplines such as psychology and decision theory can be applied to gain insight into the behavioral underpinnings of environmental policy. Economic experiments, in the lab and field, are an attractive tool to address the incentive and contextual questions that arise in environmental policy. Experiments have been and continue to be designed to capture the key elements of market and non-market choices to test theory, for pattern recognition, to testbed new institutions, and to value public goods, including environmental protection. This volume collects the most significant papers in the literature that identify the underpinnings of experimental approaches are complemented by works that specifically address the use of experimental economics to identify choice under risk, conflict, cooperation, environmental policy instruments, and environmental valuation


Environmental Economics and Investment Assessment II

Environmental Economics and Investment Assessment II
Author: K. Aravossis
Publisher: WIT Press
Total Pages: 337
Release: 2008
Genre: Business & Economics
ISBN: 1845641124

Download Environmental Economics and Investment Assessment II Book in PDF, ePub and Kindle

The current emphasis on sustainable development is a consequence of the general awareness of the need to solve numerous environmental problems resulting from our modern society. This book addresses the topic of investment assessment and environmental economics in an integrated way.