Faithin Omaha eBook Collection

Computationally-intensive tools play an increasingly important role in financial decisions. Many financial problems-ranging from asset allocation to risk manage

An introduction to the theory and practice of financial simulation and optimization In recent years, there has been a notable increase in the use of simulation

Some recent developments in the mathematics of optimization, including the concepts of invexity and quasimax, have not yet been applied to models of economic gr

With the advance of new computing technology, simulation is becoming very popular for designing large, complex and stochastic engineering systems, since closed-