1.

Record Nr.

UNINA9910208959103321

Autore

Chin Eric <1971->

Titolo

Problems and solutions in mathematical finance . Volume 1 Stochastic calculus / / Eric Chin, Dian Nel and Sverrir Olafsson

Pubbl/distr/stampa

Hoboken : , : Wiley, , 2014

ISBN

1-118-84514-5

1-322-33487-0

1-119-96607-8

Edizione

[1st edition]

Descrizione fisica

1 online resource (439 pages)

Collana

Wiley finance series

Disciplina

332.01/51922

Soggetti

Finance - Mathematical models

Stochastic analysis

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Preface -- General probability theory -- Wiener process -- Stochastic di?erential equations -- Change of measure -- Poisson process -- A Mathematics formulae -- B Probability theory formulae -- C Differential equations formulae -- Bibliography -- Notation.

Sommario/riassunto

Mathematical finance requires the use of advanced mathematical techniques drawn from the theory of probability, stochastic processes and stochastic differential equations. These areas are generally introduced and developed at an abstract level, making it problematic when applying these techniques to practical issues in finance. Problems and Solutions in Mathematical Finance Volume I: Stochastic Calculus is the first of a four-volume set of books focusing on problems and solutions in mathematical finance. This volume introduces the reader to the basic stochastic calculus concepts required for the study of this important subject, providing a large number of worked examples which enable the reader to build the necessary foundation for more practical orientated problems in the later volumes. Through this application and by working through the numerous examples, the reader will properly understand and appreciate the fundamentals that underpin mathematical finance. Written mainly for students, industry practitioners and those involved in teaching in this field of study,



Stochastic Calculus provides a valuable reference book to complement one's further understanding of mathematical finance.