02578nam 2200541 450 991055426270332120221212002239.03-11-065299-43-11-065424-510.1515/9783110654240(CKB)5400000000009443(DE-B1597)517900(OCoLC)1280943233(DE-B1597)9783110654240(MiAaPQ)EBC6995786(Au-PeEL)EBL6995786(EXLCZ)99540000000000944320221212d2022 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierDiscrete-time approximations and limit theorems in applications to financial markets /Yuliya Mishura, Kostiantyn RalchenkoBerlin, Germany :Walter de Gruyter GmbH,[2022]©20221 online resource (XVI, 374 p.)De Gruyter series in probability and stochastics ;Volume 23-11-065279-X Includes bibliographical references and index.Frontmatter -- Introduction -- Contents -- Abbreviations and notations -- 1 Financial markets. From discrete to continuous time -- 2 Rate of convergence of asset and option prices -- 3 Limit theorems for markets with non-random time-varying coefficients -- 4 Convergence of stochastic integrals in application to financial markets -- A Essentials of calculus, probability, and stochastic processes -- Bibliography -- IndexFinancial market modeling is a prime example of a real-life application of probability theory and stochastics. This authoritative book discusses the discrete-time approximation and other qualitative properties of models of financial markets, like the Black-Scholes model and its generalizations, offering in this way rigorous insights on one of the most interesting applications of mathematics nowadays.De Gruyter series in probability and stochastics ;Volume 2.Discrete-time systemsFinanceMathematical modelsDiscrete-time systems.FinanceMathematical models.003SK 980DE-16rvkMishura I︠U︡lii︠a︡ S.313976Ralchenko KostiantynMiAaPQMiAaPQMiAaPQBOOK9910554262703321Discrete-Time Approximations and Limit Theorems2839552UNINA