Economics at your fingertips  

About Some Applications of Kolmogorov Equations to the Simulation of Financial Institutions Activity

Mikhail Rumyantsev

Papers from

Abstract: The goal of this article is to describe the concepts of system dynamics and its applications to the simulation modeling of financial institutions daily activity. The hybrid method of the re-engineering of banking business processes based upon combination of system dynamics, queuing theory and tools of ordinary differential equations (Kolmogorov equations) is offered.

Date: 2009-12
New Economics Papers: this item is included in nep-ban and nep-cmp
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Papers from
Bibliographic data for series maintained by arXiv administrators ().

Page updated 2023-11-14
Handle: RePEc:arx:papers:0912.1037