eBook - PDF

Elementary Stochastic Calculus, with Finance in View

Name: Elementary Stochastic Calculus, with Finance in View
ISBN: 9789813105294

Thomas Mikosch,

224 pages
English
PDF
Available on iOS & Android

eBook - PDF

Elementary Stochastic Calculus, with Finance in View

Thomas Mikosch,

About this book

Modelling with the Itô integral or stochastic differential equations has become increasingly important in various applied fields, including physics, biology, chemistry and finance. However, stochastic calculus is based on a deep mathematical theory.

This book is suitable for the reader without a deep mathematical background. It gives an elementary introduction to that area of probability theory, without burdening the reader with a great deal of measure theory. Applications are taken from stochastic finance. In particular, the Black-Scholes option pricing formula is derived. The book can serve as a text for a course on stochastic calculus for non-mathematicians or as elementary reading material for anyone who wants to learn about Itô calculus and/or stochastic finance.

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Yes, you can access Elementary Stochastic Calculus, with Finance in View by Thomas Mikosch in PDF and/or ePUB format, as well as other popular books in Mathematics & Probability & Statistics. We have over one million books available in our catalogue for you to explore.