"Business Economics and Finance: Using MATLAB, GIS, and Simulation Models takes recent theoretical advances in Finance and Economics and shows how they can be implemented in the real world. It presents tactics for using mathematical and simulation models to solve complex tasks of forecasting income, valuing businesses, predicting retail sales, evaluating markets, and solving tax and regulatory problems." "This is the first book to fully explore the capabilities of MATLAB in the field of business economics. Some techniques, such as fuzzy logic, retail sales, economic and fiscal impact models, and other MATLAB and Simulink models are described here for the first time in print. The sections on business income and value break new ground by directly incorporating uncertainty, "real option" value, and prediction of variables using Ito and "jump" processes."--BOOK JACKET.