Here, two highly experienced authors present an alternative approach to optimal stopping problems. The basic ideas and techniques of the approach can be explained much simpler than the standard methods in the literature on optimal stopping problems. The monograph will teach the reader to apply...

A major theme of this book is the development of a consistent unified model framework for the evaluation of bond options. In general options on zero bonds (e.g. caps) and options on coupon bearing bonds (e.g. swaptions) are linked by no-arbitrage relations through the correlation structure of...

The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-default risk, and contagion risk. Stochastic recovery rates as a source of systematic risk have not received much attention so far, most likely due to the difficulties...

/ Motivation -- Layoutplanung / Innerbetriebliche Standortplanung -- Slicing Trees in der Layoutplanung -- Gemischt-ganzzahlige lineare Layoutplanungsmodelle -- Slicing Tree basiertes Tabu-Search-Verfahren -- Fix-and-Optimize Heuristik zur Layoutoptimierung -- Layoutplanung – Eine praktische...

Jaroslaw Morawski offers a practicable and theoretically well-founded solution to the problems encountered when investing in illiquid assets and develops a model of the liquidation process for this category of investments. The result is a coherent investment decision framework designed...

Die Vorlieben der Kunden zu kennen zählt zu den wichtigsten Voraussetzungen für eine erfolgreiche Produktpolitik, und ihre Messung ist ein zentrales Thema der Marketingforschung. Tobias Schneider stellt einen neuen Typus von Recommender-Systemen vor, der auf der Modellierung von Präferenzen...

Preface -- 1 Real Estate Investing After the Fall -- 2 Real Estate Finance: Notes, Mortgages, and Payment Structures -- 3 Finance and Real Estate Valuation -- 4 Real Estate Valuation -- 5 The Anatomy of a Lease -- 6 Risk Analysis -- 7 Taxation in Investment Real Estate -- 8 Investing in...