The aim of the proposed grant project is to amplify results obtained in the previous projects (especially project 402/05/0115 evaluated as excellent, and the current project 402/08/0107).
The aim of the proposed grant project is the validation of decision models of dynamical economic and financial systems under uncertainty. For handling such tasks probabilistic approaches primarily based on multistage stochastic programming and stochasticdynamic programming are very often employed.
Monetary and price dynamics is very often described by systems of differential equations. These systems describe commodity market, money market and the equilibrium production sector usually from Keynesian, Walrasian and Classical point of view.