Description
This succinct overview examines stochastic processes and Itô’s formula, the main tool of stochastic finance. Classical fields—such as the evaluation of equity options, the basis of quantitative risk management, and interest rate stochastic models and how they are applied to bond options—are also discussed along with the increasingly important areas of Markov and semi-Markov risk and evaluation models.
Book Details
Format
Hardcover
Pages
352 pages
Language
English
Published
Jan 1, 2008
Publisher
Iste Publishing Company
ISBN-10
1905209851
ISBN-13
9781905209859