Continuous Stochastic Calculus with Applications to Finance - Image 1

£60.89

CRC Press Continuous Stochastic Calculus with Applications to Finance

Name: Continuous Stochastic Calculus with Applications to Finance
Brand: CRC Press
Price: 49.59 GBP
Availability: InStock

Investments & Securities

Price History & Forecast

Last 74 days • 74 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 74 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £61 (73 days, 98.6%)

Price range: £50 - £61

Price levels: 2 different prices over 74 days

Description

Product Description The prolonged boom in the US and European stock markets has led to increased interest in the mathematics of security markets, most notably in the theory of stochastic integration. This text gives a rigorous development of the theory of stochastic integration as it applies to the valuation of derivative securities. It includes all the tools necessary for readers to understand how the stochastic integral is constructed with respect to a general continuous martingale. The author develops the stochastic calculus from first principles, but at a relaxed pace that includes proofs that are detailed, but streamlined to applications to finance. The treatment requires minimal prerequisites-a basic knowledge of measure theoretic probability and Hilbert space theory-and devotes an entire chapter to application in finances, including the Black Scholes market, pricing contingent claims, the general market model, pricing of random payoffs, and interest rate derivatives. Continuous Stochastic Calculus with Application to Finance is your first opportunity to explore stochastic integration at a reasonable and practical mathematical level. It offers a treatment well balanced between aesthetic appeal, degree of generality, depth, and ease of reading. About the Author Meyer, Michael

Product Specifications

Brand: CRC Press
Format: paperback
ASIN: 0367455439
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Investments & Securities
Domain: Amazon UK
Release Date: 02 December 2019
Listed Since: 28 November 2019

Barcode

No barcode data available

CRC Press Continuous Stochastic Calculus with Applications to Finance

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Continuous Stochastic Calculus with Applications to Finance: 17 (Applied Mathematics)

Introduction to Stochastic Calculus Applied to Finance (Chapman and Hall/CRC Financial Mathematics Series)

The Economics of Continuous–Time Finance (The MIT Press)

Introduction to Stochastic Calculus Applied to Finance (Chapman and Hall/CRC Financial Mathematics Series)

Stochastic Financial Models (Chapman and Hall/CRC Financial Mathematics Series)

Measure, Probability, and Mathematical Finance: A Problem-Oriented Approach

Stochastic Calculus for Finance II: Continuous-Time Models (Springer Finance)

Stochastic Analysis: 3 (Monographs in Mathematical Economics, 3)

Introduction to Stochastic Finance with Market Examples (Chapman and Hall/CRC Financial Mathematics Series)

Stochastic Finance: An Introduction in Discrete Time (De Gruyter Textbook)

Derivative Security Pricing: Techniques, Methods and Applications: 21 (Dynamic Modeling and Econometrics in Economics and Finance, 21)

Derivative Security Pricing: Techniques, Methods and Applications: 21 (Dynamic Modeling and Econometrics in Economics and Finance, 21)

Stochastic Calculus for Quantitative Finance: Stochastic Calculus for Finance

Stochastic Finance: An Introduction with Examples

Deterministic And Stochastic Topics In Computational Finance

Elementary Stochastic Calculus, With Finance In View

Mathematical Finance: Core Theory, Problems and Statistical Algorithms (Routledge Advanced Texts in Economics and Finance)

Introduction to Stochastic Processes (Chapman & Hall/CRC Probability Series)

Stochastic Processes and Calculus: An Elementary Introduction with Applications (Springer Texts in Business and Economics)

Stochastic Processes with Applications to Finance (Chapman and Hall/CRC Financial Mathematics Series)

Springer Applied Stochastic Models and Control for Finance

Continuous-time Stochastic Control and Optimization with Financial Applications: 61 (Stochastic Modelling and Applied Probability, 61)

Stochastic Finance: A Numeraire Approach (Chapman and Hall/CRC Financial Mathematics Series)

Stochastic Calculus for Finance II: Continuous-Time Models (Springer Finance)