Not in stores
Free standard shipping with RedCard
Loading, please wait...
About this item
Number of Pages: 224
Series Title: Advanced Statistical Science and Applied Probability
Publisher: World Scientific Publishing Company
Author: Thomas Mikosch
Street Date: October 30, 1998
Item Number (DPCI): 247-77-4833
Modelling with the Itï¿½ 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 Itï¿½ calculus and/or stochastic finance.
From the manufacturerNo information loaded.
Guest Ratings & Reviews
No reviews yet! Be the first to help other guests.