Auctions in the electricity market

bidding when production capacity is constrained

Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the trading rules. The author develops a non-cooperative auction model analyzing the bidding behavior of producers at ...

Queueing Theory

a linear algebraic approach

"Queueing Theory" deals with systems where there is contention for resources, but the demands are only known probabilistically. This book can be considered to be a monograph or a textbook, and thus is aimed at two audiences: those who already know Queueing Theory but would ...

Excel basics to Blackbelt

an accelerated guide to decision support designs

Excel Basics to Blackbelt is intended to serve as an accelerated guide to decision support designs. Its structure is designed to enhance the skills in Excel of those who have never used it for anything but possibly storing phone numbers, enabling them to reach a ...

Linear and nonlinear optimization

Provides an introduction to the applications, theory, and algorithms of linear and nonlinear optimization. The emphasis is on practical aspects - discussing modern algorithms, as well as the influence of theory on the interpretation of solutions or on the design of software. The book includes several ...

La vida secreta de los números

cómo piensan y trabajan los matemáticos

La vida secreta de los números consigue que los lectores comprendan no sólo la importancia, sino también la belleza y elegancia que albergan las matemáticas. Incluye anécdotas y detalles biográficos sobre sus, a menudo, estrafalarios protagonistas, y aporta una idea precisa de las principales teorías ...

Software libre para cálculo numérico

Este libro proporciona una amplia visión de tres herramientas de software libre para cálculo numérico: Octave, Scilab y Scipy. También, aborda todos los aspectos básicos que una persona necesita para empezar a trabajar con estos programas: instalación y licencia, estructuras de programación, operaciones con matrices ...

Cálculo

Este libro de texto está concebido para cursos de cálculo general, especialmente para estudiantes de Ciencias e Ingeniería. El objetivo de este manual es presentar el cálculo de una manera que sus lectores lo encuentren interesante. La mejor forma de profundizar en la comprensión del ...

Optimización bajo incertidumbre

drés Ramos, Antonio Alonso-Ayuso, Gloria Pérez. El objetivo de este texto es profundizar en el estudio de los conceptos, tecnologías y desarrollos algorítmicos que permitan introducir un adecuado tratamiento de la incertidumbre en problemas de programación estocástica. Este campo, también conocido como Optimización bajo Incertidumbre ...

Ejercicios resueltos de cálculo numérico

El principal objetivo que se han impuesto los autores de esta obra ha sido poner en manos del científico, del técnico o del estudiante un útil de trabajo con miras a que la teoría matemática en la que descansa la algorítmica numérica resulte asequible y ...

An introduction to mathematical analysis for economic theory and econometrics

Providing an introduction to mathematical analysis as it applies to economic theory and econometrics, this book bridges the gap that has separated the teaching of basic mathematics for economics and the increasingly advanced mathematics demanded in economics research today. Dean Corbae, Maxwell B. Stinchcombe, and ...

Connections

an introduction to the economics of networks

Networks pervade social and economic life, and they play a prominent role in explaining a huge variety of social and economic phenomena. Standard economic theory did not give much credit to the role of networks until the early 1990s, but since then the study of ...

Introduction to stochastic programming

Optimization is one of the most reliable mathematical tool for decisión making. Since the 50´s, it is well known that traditional deterministic optimaztion is not appropriate for capturing the uncertain behavior present in most real world applications. Moreover, it was not until the 80 ...

Equilibrium, trade, and growth

selected papers of Lionel W. Mckenzie

Eds. Tapan Mitra, Kazuo Nishimura. Influential neoclassical economist Lionel McKenzie has made major contributions to postwar economic thought in the fields of equilibrium, trade, and capital accumulation. This selection of his papers traces the development of his thinking in these three crucial areas.McKenzie's ...

Practical financial optimization

a library of GAMS models

In "Practical Financial Optimization: A Library of GAMS Models", the authors provide a diverse set of models for portfolio optimization, based on the General Algebraic Modelling System. 'GAMS' consists of a language which allows a high-level, algebraic representation of mathematical models and a set of ...

Interest rate modeling

theory and practice

Interest rate derivatives play a central role in modern financial markets. Self-contained, practical, and easy to follow, this graduate- level textbook provides a systematic introduction to interest rate models used for pricing and hedging various derivatives on interest rates. It reveals the missing links between ...

An introduction to computational finance

Although there are several publications on similar subjects, this book mainly focuses on pricing of options and bridges the gap between Mathematical Finance and Numerical Methodologies. The author collects the key contributions of several monographs and selected literature, values and displays their importance, and composes ...

Calculus

concepts and contexts

Stewart's "Calculus: Concepts and Contexts, 4e, International Metric Edition" offers a streamlined approach to teaching calculus, focusing on major concepts and supporting those with precise definitions, patient explanations, and carefully graded problems. "Calculus: Concepts and Contexts, 4e, International Metric Edition" is highly regarded because ...

Mathematical applications for the management, life, and social sciences

"Mathematical Applications for the Management, Life, and Social Sciences, 9th, International Edition" is intended for a two-semester applied calculus or combined finite mathematics and applied calculus course. The book's concept-based approach, multiple presentation methods, and interesting and relevant applications keep students who typically take ...

Applied mathematics for the managerial life, and social science

Market-leading "Applied Mathematics for the Managerial, life and Social Sciences, 5e, International Edition" is a traditional text with a slightly modern feel. This new edition incorporates technology in such a way that both traditional and modern practitioners find the support they need to teach effectively ...

Arbitrage theory in continuous time

The third edition of this popular introduction to the classical underpinnings of the mathematics behind finance continues to combine sound mathematical principles with economic applications. Concentrating on the probabilistic theory of continuous arbitrage pricing of financial derivatives, including stochastic optimal control theory and Merton's ...