Elementary Stochastic Calculus, With Finance In View Hardback
by Thomas (Univ Of Copenhagen, Denmark) Mikosch
Part of the Advanced Series on Statistical Science & Applied Probability series
Hardback
- Information
Description
Modelling with the Ito 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 Ito calculus and/or stochastic finance.
Information
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In Stock - low on stock, only 1 copy remainingFree UK DeliveryEstimated delivery 2-3 working days
- Format:Hardback
- Pages:224 pages
- Publisher:World Scientific Publishing Co Pte Ltd
- Publication Date:02/11/1998
- Category:
- ISBN:9789810235437
Information
-
In Stock - low on stock, only 1 copy remainingFree UK DeliveryEstimated delivery 2-3 working days
- Format:Hardback
- Pages:224 pages
- Publisher:World Scientific Publishing Co Pte Ltd
- Publication Date:02/11/1998
- Category:
- ISBN:9789810235437
