£91.71

CRC Press Inhomogeneous Random Evolutions and Their Applications

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£93.57 £84.26 £86.29 £88.32 £90.36 £92.39 £94.42 27 January 2026 04 February 2026 12 February 2026 20 February 2026 28 February 2026

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11 days 1 day · current 21 days 0 5 11 16 21 £85 £92 £94 Days at Price

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Most common price: £94 (21 days, 63.6%)

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Description

Inhomogeneous Random Evolutions and Their Applications provides a deep look into modeling dynamical systems within the finance and insurance sectors. This text focuses on systems with non-homogeneous characteristics that change over time, offering essential mathematical frameworks for modern economic modeling. Readers can explore advanced methods for modeling financial underlyings and derivatives through Levy processes with time-dependent characteristics. The book also addresses the complexities of limit order books in algorithmic and high-frequency trading environments by using counting price changes processes with time-dependent intensities. For professionals in risk management, the content covers risk processes that count the number of claims using time-dependent conditional intensities. Additionally, it examines multi-asset price impact resulting from distressed selling and regime-switching Levy-driven models. This resource is designed for those needing technical depth in econometrics and financial mathematics.

Key Features

Model financial underlyings and derivatives using Levy processes that feature time-dependent characteristics.

Analyze limit order books in algorithmic and high-frequency trading via counting price changes processes.

Evaluate risk processes by counting the number of claims with time-dependent conditional intensities.

Study multi-asset price impact specifically resulting from distressed selling scenarios.

Explore regime-switching Levy-driven models to better understand changing market dynamics.

Product Specifications

Format
Hardcover
Domain
Amazon UK
Release Date
12 December 2019
Listed Since
06 June 2019

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No barcode data available

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