The main purpose of the book is to show how a viscosity approach can be used to tackle control problems in insurance. The problems covered are the maximization

Yet again, here is a Springer volume that offers readers something completely new. Until now, solved examples of the application of stochastic control to actuar

Multistage stochastic optimization problems appear in many ways in finance, insurance, energy production and trading, logistics and transportation, among other

Applied Stochastic Models and Control for Finance and Insurance presents at an introductory level some essential stochastic models applied in economics, finance

Stochastic models are everywhere. In manufacturing, queuing models are used for modeling production processes, realistic inventory models are stochastic in natu