1.

Record Nr.

UNINA9910789068903321

Titolo

Stochastic analysis, stochastic systems, and applications to finance [[electronic resource] /] / edited by Allanus Tsoi, David Nualart, George Yin

Pubbl/distr/stampa

Singapore, : World Scientific, c2011

ISBN

1-283-43395-8

9786613433954

981-4355-71-2

Descrizione fisica

1 online resource (274 p.)

Altri autori (Persone)

TsoiAllanus Hak-Man <1955->

NualartDavid <1951->

YinGeorge <1954->

Disciplina

332.0151922

Soggetti

Finance - Mathematical models

Stochastic systems

Stochastic analysis

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"It is an expanded version of papers presented at the first Kansas-Missouri Winter School of Applied Probability, which was organized by Allanus Tsoi and was held at the University of Missouri, February 14 and 15, 2008"--P. vii.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

pt. 1. Stochastic analysis and systems -- pt. 2. Finance and stochastics.

Sommario/riassunto

This book introduces some advanced topics in probability theories - both pure and applied - is divided into two parts. The first part deals with the analysis of stochastic dynamical systems, in terms of Gaussian processes, white noise theory, and diffusion processes. The second part of the book discusses some up-to-date applications of optimization theories, martingale measure theories, reliability theories, stochastic filtering theories and stochastic algorithms towards mathematical finance issues such as option pricing and hedging, bond market analysis, volatility studies and asset trading m