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.
Détails du livre
Format
Relié
Pages
352 pages
Langue
Anglais
Publié
janv. 1, 2008
Éditeur
Iste Publishing Company
ISBN-10
1905209851
ISBN-13
9781905209859