An Introduction to Continuous-Time Stochastic Processes

An Introduction to Continuous-Time Stochastic Processes

Theory, Models, and Applications to Finance, Biology, and Medicine

Versandkostenfrei!
Versandfertig in 6-10 Tagen
49,99 €
inkl. MwSt.
Weitere Ausgaben:
PAYBACK Punkte
25 °P sammeln!
This textbook, now in its third edition, offers a rigorous and self-contained introduction to the theory of continuous-time stochastic processes, stochastic integrals, and stochastic differential equations. Expertly balancing theory and applications, the work features concrete examples of modeling real-world problems from biology, medicine, industrial applications, finance, and insurance using stochastic methods. No previous knowledge of stochastic processes is required. Key topics include: Markov processes Stochastic differential equations Arbitrage-free markets and financial derivatives Insu...