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The Art of Smooth Pasting (Fundamentals of Pure and Applied Economics)
The Art of Smooth Pasting - Fundamentals of Pure and Applied Economics
Author: Avinash K. Dixit
The main mathematical ideas are presented in a context with which economists will be familiar. Using a binomial approximation to Brownian motion, the mathematics is reduced to simple algebra, progressing to some equally simple limits. The starting point of the calculus of Brownian motion — ''Itô's Lemma'' — emerges by analogy wit...  more »
ISBN-13: 9783718653843
ISBN-10: 3718653842
Publication Date: 1/1/1993
Pages: 82
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Publisher: Harwood Academic Pub
Book Type: Paperback
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