Essentials Of Stochastic Finance: Facts, Models, Theory (Advanced Series on Statistical Science & Applied Probability 3)

Essentials Of Stochastic Finance: Facts, Models, Theory (Advanced Series on Statistical Science & Applied Probability 3)

By: Albert N. Shiryaev (author)Hardback

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Description

This important book provides information necessary for those dealing with stochastic calculus and pricing in the models of financial markets operating under uncertainty; introduces the reader to the main concepts, notions and results of stochastic financial mathematics; and develops applications of these results to various kinds of calculations required in financial engineering. It also answers the requests of teachers of financial mathematics and engineering by making a bias towards probabilistic and statistical ideas and the methods of stochastic calculus in the analysis of market risks.

Contents

Part 1 Facts. Part 2 Models: main concepts, structures and instruments; aims and problems of financial theory and financial engineering; stochastic models - discrete time; stochastic models - continuous time; statistical analysis of financial data. Part 3 Theory: theory of arbitrage in stochastic financial models - discrete time; theory of pricing in stochastic financial models - discrete time; theory of arbitrage in stochastic financial models - continuous time; theory of pricing in stochastic financial models - continuous time.

Product Details

  • ISBN13: 9789810236052
  • Format: Hardback
  • Number Of Pages: 852
  • ID: 9789810236052
  • ISBN10: 9810236050

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