Mon, 23 Oct 2006
14:15
14:15
L3
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The aim of this talk is to give some understanding of the theory of matrix $p$'th roots (solutions to the nonlinear matrix equation $X^{p} = A$), to explain how and how not to compute roots, and to describe some applications. In particular, an application in finance will be described concerning roots of transition matrices from Markov models.