Master Stochastic Calculus for Financial Applications
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Stochastic Calculus and Financial Applications provides a solid foundation in stochastic calculus, a powerful tool for modeling and analyzing uncertainty in finance.
It covers the essential concepts of probability theory, stochastic processes, and stochastic calculus, with a focus on applications in financial modeling.
The book includes numerous examples and exercises to illustrate the theory and its applications.
It is suitable for graduate students and researchers in mathematics, finance, and related fields.
The book is self-contained and requires only a basic understanding of probability theory and linear algebra.
It provides a comprehensive treatment of stochastic calculus, including topics such as Brownian motion, stochastic integrals, and stochastic differential equations.
The book also discusses applications of stochastic calculus in financial modeling, such as option pricing, portfolio optimization, and risk management.
It is written in a clear and concise style, making it accessible to readers with a variety of backgrounds.
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