A major theme of this book is the development of a consistent unified model framework for the evaluation of bond … between the bond price dynamics and the subordinated stochastic volatility process, whereas Random Field models allow for a … deterministic correlation structure between bond prices of different terms. Then the pricing of bond options is done either by …

Stochastic Optimal Control (SOC)-a mathematical theory concerned with minimizing a cost (or maximizing a payout …

. The work aims to identify those motives and to describe their effects by using methods of optimal control theory. … methods of optimal control theory …

insight in the basic understanding of cooperative systems as well as in theory, modeling, and applications of cooperative … the basic understanding of cooperative systems as well as in theory, modeling, and applications of cooperative control …

, among others, co-author of the popular textbook ""Sethi and Thompson: Optimal Control Theory: Applications to Management …

Optimization Theory and Algorithms -- On the Asymptotic Behavior of a System of Steepest Descent Equations Coupled by a … Methods for Optimal Control with Binary Control Functions Applied to a Lotka-Volterra Type Fishing Problem -- Game Theory …

career, he has contributed highly influential research on mathematical aspects of Optimal Control Theory, as well as … stability theory for difference inclusions, metric regularity, generalized duality theory, the Bolza problem from a functional … analytic perspective, and fractional calculus. In turn, the book explores various applications of control theory, such as …

The book analyzes how modern portfolio theory and dynamic term structure models can be applied to government bond …The book analyzes how modern portfolio theory and dynamic term structure models can be applied to government bond …-period and continuous-time bond portfolio optimization problems are considered. …