This text presents selected applications of discrete-time stochastic processes that involve random interactions and algorithms, and revolve around the Markov property. It covers recurrence properties of (excited) random walks, convergence and mixi...Loe edasi...
This book presents an introduction to pricing and hedging in discrete and continuous time financial models, emphasizing both analytical and probabilistic methods. It demonstrates both the power and limitations of mathemat...Loe edasi...
Sari: Advanced Series on Statistical Science & Applied Probability
(Ilmumisaeg: 28-Sep-2021, Hardback, Kirjastus: World Scientific Publishing Co Pte Ltd, ISBN-13: 9789811226601)
This book introduces the mathematics of stochastic interest rate modeling and the pricing of related derivatives, based on a step-by-step presentation of concepts with a focus on explicit calculations. The types of interest rates considered range...Loe edasi...
This book provides an undergraduate-level introduction to discrete and continuous-time Markov chains and their applications, with a particular focus on the first step analysis technique and its applications to average hitting times and ruin p...Loe edasi...
(Ilmumisaeg: 25-Jan-2016, Hardback, Kirjastus: Cambridge University Press, ISBN-13: 9781107128651)
This monograph is a progressive introduction to non-commutativity in probability theory, summarizing and synthesizing recent results about classical and quantum stochastic processes on Lie algebras. This book will appeal to advanced undergraduate and...Loe edasi...
saadame teile pakkumise kasutatud raamatule, mille hind võib erineda kodulehel olevast hinnast
Preface This text is an introduction to pricing and hedging in discrete and continuous time financial models without friction (i.e. without transaction costs), with an emphasis on the complementarity between analytical and probabilistic methods. Its...Loe edasi...
Stochastic analysis has a variety of applications to biological systems as well as physical and engineering problems, and its applications to finance and insurance have bloomed exponentially in recent times. The goal of this book is to present a broa...Loe edasi...
saadame teile pakkumise kasutatud raamatule, mille hind võib erineda kodulehel olevast hinnast
This book provides an undergraduate introduction to discrete and continuous-time Markov chains and their applications. A large focus is placed on the first step analysis technique and its applications to average hitting times and ruin probabilities....Loe edasi...
Sari: Advanced Series on Statistical Science & Applied Probability
(Ilmumisaeg: 03-Jul-2012, Hardback, Kirjastus: World Scientific Publishing Co Pte Ltd, ISBN-13: 9789814390859)
Interest rate modeling and the pricing of related derivatives remain subjects of increasing importance in financial mathematics and risk management. This book provides an accessible introduction to these topics by a step-by-step presentation of conce...Loe edasi...
Stochastic analysis has a variety of applications to biological systems as well as physical and engineering problems, and its applications to finance and insurance have bloomed exponentially in recent times. The goal of this book is to present a broa...Loe edasi...
(Ilmumisaeg: 14-Aug-2009, Paperback / softback, Kirjastus: Springer-Verlag Berlin and Heidelberg GmbH & Co. K, ISBN-13: 9783642023798)
This unified presentation of stochastic analysis for continuous and discontinuous stochastic processes in both discrete and continuous time is mostly self-contained and accessible to readers who have already received a basic training in probabilit...Loe edasi...
Sari: Advanced Series on Statistical Science & Applied Probability
(Ilmumisaeg: 14-Oct-2008, Hardback, Kirjastus: World Scientific Publishing Co Pte Ltd, ISBN-13: 9789812832733)
This textbook is written as an accessible introduction to interest rate modeling and related derivatives, which have become increasingly important subjects of interest in financial mathematics. The models considered range from standard short rate to...Loe edasi...
