£97.00

Wiley Applied Diffusion Processes - Engineering to Finance Book

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£129.36 £93.76 £101.53 £109.30 £117.06 £124.83 £132.60 14 March 2026 25 March 2026 05 April 2026 16 April 2026 27 April 2026

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Description

Explore the connections between engineering, finance, and insurance with Applied Diffusion Processes from Engineering to Finance. This book from the Applied Stochastic Methods series bridges the gap between these three distinct domains by highlighting the shared models and solution methods used to solve real-life problems. The text focuses on the strict inter-relations found within diffusion models across engineering, finance, and insurance sectors. By presenting basic diffusion models in each field, the authors help readers understand the strong similarities that exist between these disciplines. Readers will learn about various mathematical approaches to problem-solving. The book explains analytical, numerical, and Monte Carlo simulation methods. These techniques are presented with a clear focus on practical application, allowing users to obtain solutions for the diverse problems encountered in these professional fields. This resource is an essential addition for students and professionals in higher education looking to understand stochastic methods in a multidisciplinary context.

Key Features

Connects engineering, finance, and insurance through shared models and solution methods for real-life applications.

Highlights the strict inter-relations between diffusion models used across different professional domains.

Presents basic diffusion models for each field to demonstrate their strong similarities.

Covers analytical and numerical methods to help solve complex mathematical problems.

Includes Monte Carlo simulation methods for practical application in various fields.

Designed for higher education settings within engineering and technology subjects.

Product Specifications

Brand
Wiley
Format
hardcover
Domain
Amazon UK
Release Date
15 March 2013
Listed Since
16 June 2012

Barcode

No barcode data available

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