Stochastic Methods for Pension Funds - Devolder, Pierre (Universite catholique de Louvain, Belgium) a Janssen, Jacques (Solvay Business School, Brussels, Belgium) a Manca, Raimondo (University "La Sapienza," Rome, Italy)

The aim of this book is to fill this gap and to show how recent methods of stochastic finance can be useful for to the risk management of pension funds. Methods of optimal control will be especially developed and applied to fundamental problems such as the optimal asset allocation of the fund or the cost spreading of a pension scheme.