Stochastic Processes and Financial Mathematics

Ludger Rüschendorf

(0) Rašyti atsiliepimą

-15% su kodu: ENG15

Stochastic Processes and Financial Mathematics

Ludger Rüschendorf

(0) Rašyti atsiliepimą

Knygos „Stochastic Processes and Financial Mathematics“ aprašymas

Knygos aprašymas

The book provides an introduction to advanced topics in stochastic processes and related stochastic analysis, and combines them with a sound presentation of the fundamentals of financial mathematics. It is wide-ranging in content, while at the same time placing much emphasis on good readability, motivation, and explanation of the issues covered.

Financial mathematical topics are first introduced in the context of discrete time processes and then transferred to continuous-time models. The basic construction of the stochastic integral and the associated martingale theory provide fundamental methods of the theory of stochastic processes for the construction of suitable stochastic models of financial mathematics, e.g. using stochastic differential equations. Central results of stochastic analysis such as the Itô formula, Girsanov's theorem and martingale representation theorems are of fundamental importance in financial mathematics, e.g. for the risk-neutral valuation formula (Black-Scholes formula) or the question of the hedgeability of options and the completeness of market models. Chapters on the valuation of options in complete and incomplete markets and on the determination of optimal hedging strategies conclude the range of topics.

Advanced knowledge of probability theory is assumed, in particular of discrete-time processes (martingales, Markov chains) and continuous-time processes (Brownian motion, Lévy processes, processes with independent increments, Markov processes). The book is thus suitable for advanced students as a companion reading and for instructors as a basis for their own courses.

This book is a translation of the original German 1st edition Stochastische Prozesse und Finanzmathematik by Ludger Rüschendorf, published by Springer-Verlag GmbH Germany, part of Springer Nature in 2020. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com) and in a subsequent editing, improved by the author. Springer Nature works continuously to further the development of tools for the production of books and on the related technologies to support the authors.

Informacija

Autorius:	Ludger Rüschendorf
Leidėjas:	Springer Berlin Heidelberg
Išleidimo metai:	2023
Knygos puslapių skaičius:	316
ISBN-10:	3662647109
ISBN-13:	9783662647103
Formatas:	235 x 155 x 18 mm. Knyga minkštu viršeliu
Kalba:	Anglų

Pirkėjų atsiliepimai

Parašykite atsiliepimą apie „Stochastic Processes and Financial Mathematics“

Pristatymo būdas	Knygos pristatymo trukmė *
Smartpost paštomatas	Per 18-26 val.
Venipak paštomatas	Per 18-26 val
LP Express terminalas	Per 18-26 val.
DPD paštomatas	Vilniuje: per 4-26 val., kitur Lietuvoje: per 18-26 val.
Omniva paštomatas	Per 18-26 val.
Lietuvos pašto skyrius	Per 18-26 val.
Nurodytu adresu	Per 18-26 val.

Pristatymo būdas	Knygos pristatymo trukmė*
Smartpost paštomatas	Per 24-48 val.
Venipak paštomatas	Per 24-48 val.
LP Express terminalas	Per 24-48 val.
DPD paštomatas	Vilniuje: per 24-32 val., kitur Lietuvoje: per 24-48 val.
Omniva paštomatas	Per 24-48 val.
Lietuvos pašto skyrius	Per 24-72 val.
Nurodytu adresu	Per 24-48 val.

Pristatymo būdas	Knygos pristatymo trukmė
Smartpost paštomatas	3-6 darbo dienos
Venipak paštomatas	3-6 darbo dienos
LP Express terminalas	3-6 darbo dienos
DPD paštomatas	3-6 darbo dienos
Omniva paštomatas	3-6 darbo dienos
Lietuvos pašto skyrius	5-8 darbo dienos
Nurodytu adresu	3-6 darbo dienos

Pristatymo būdas ir kaina LIETUVOJE
Atsiėmimas biure Vilniuje Galimas tik nuo 15 € NEMOKAMAS
Venipak paštomatas Prekių suma iki 20 € - kaina 1,89 € virš 20€ pristatymas NEMOKAMAS
Smartpost paštomatas Prekių suma iki 20 € - kaina 1,99 € virš 20 € pristatymas NEMOKAMAS
Omniva paštomatas Prekių suma iki 25 € - kaina 2,49 € virš 25 € pristatymas NEMOKAMAS
LP Express terminalas Prekių suma iki 25 € - kaina 2,49 € virš 25 € pristatymas NEMOKAMAS
DPD paštomatas Prekių suma iki 25 € - kaina 2,99 € virš 25 € pristatymas NEMOKAMAS
Lietuvos pašto skyrius Prekių suma iki 25 € - kaina 2,49 € virš 25 € pristatymas NEMOKAMAS
Nurodytu adresu Prekių suma iki 25 € - kaina 3,49 € virš 25 € pristatymas NEMOKAMAS