An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathematical rigor and economic interpretation

In recent years there has been a significant increase of interest in continuous-time Principal-Agent models, or contract theory, and their applications. Continu

This unique book provides an overview of continuous time modeling in the behavioral and related sciences. It argues that the use of discrete time models for pro

Continuous-time econometrics is no longer an esoteric subject although most still regard it as such, so much so that it is hardly mentioned in standard textbook