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978-0-387-28359-3

Stochastic Finance

Publication Date: 2006

ISBN: 978-0-387-28359-3

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Mathematics, as the language of science, has always played a role in the development of knowledge and technology. Presently, the high-tech character of modern business has increased the need for advanced methods, which rely to a large extent on mathematical techniques. It has become essential for the financial analyst to possess a high degree of proficiency in these mathematical techniques. The essays in Stochastic Finance describe many of these techniques.


Subject: Mathematics and Statistics, Asset pricing, Extreme values, Martingale, Mathematical finance, Portfolios, SAS, Semimartingale, Stochastic volatility