ELEMENTARY STOCHASTIC CALCULUS VOL 6

MIKOSCH, THOMAS

ISBN 10: 9810235437 / ISBN 13: 9789810235437

Verlag: World Scientific Publishing Company, 1998

Bestandsnummer des Verkäufers NWUS9789810235437

Inhaltsangabe:

Modelling with the Itô integral or stochastic differential equations has become increasingly important in various applied fields, including physics, biology, chemistry and finance. However, stochastic calculus is based on a deep mathematical theory.This book is suitable for the reader without a deep mathematical background. It gives an elementary introduction to that area of probability theory, without burdening the reader with a great deal of measure theory. Applications are taken from stochastic finance. In particular, the Black-Scholes option pricing formula is derived. The book can serve as a text for a course on stochastic calculus for non-mathematicians or as elementary reading material for anyone who wants to learn about Itô calculus and/or stochastic finance.

Bibliografische Details

Titel: ELEMENTARY STOCHASTIC CALCULUS VOL 6
Verlag: World Scientific Publishing Company
Erscheinungsdatum: 1998
Einband: Hardcover
Zustand: NEW