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Imperial College Press - Stochastic Calculus With Applications

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Description

Master the fundamentals of stochastic calculus with this rigorous 3rd edition text from Imperial College Press. Designed for readers with a basic knowledge of calculus and probability, this book provides a concise treatment of mathematical theory and its real-world utility. This edition bridges the gap between abstract theory and practical implementation. You will explore how stochastic calculus functions in finance to price options through no-arbitrage methods. Beyond finance, the text covers vital applications in biology for modeling populations and in engineering for filtering signals from noise. While the book focuses on accessibility, it maintains mathematical rigor by providing enough proofs to ensure a solid understanding of the subject matter. It serves as a foundational resource for students and professionals looking to apply stochastic processes to complex scientific and economic problems.

Key Features

Comprehensive 3rd edition text covering stochastic calculus theory and its primary practical applications.

Financial mathematics focus including the application of no-arbitrage principles for option pricing.

Biological modeling support for understanding and analyzing various population models.

Engineering utility for signal processing and the ability to filter signal from noise.

Mathematically rigorous exposition that provides sufficient proofs for a deep understanding.

Accessible writing style intended for audiences with basic calculus and probability knowledge.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
21 March 2012
Listed Since
27 May 2011

Barcode

No barcode data available

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