Zsolt Bihary: Stochastic control in finance

Abstract: I introduce the basic structure of stochastic control as used in finance. I give some classical examples. After that, I discuss a recent paper submitted by myself and co, that uses the stochastic control methodology in a gig economy context.

Bihary, Z., Csóka, P., Kerényi, P., & Szimayer, A. (2022). Self-Respecting Worker in the Precarious Gig Economy: A Dynamic Principal-Agent Model.

Available at SSRN: https://ssrn.com/abstract=3866721 or http://dx.doi.org/10.2139/ssrn.3866721

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