Items related to Introduction to Stochastic Finance (Universitext)

Introduction to Stochastic Finance (Universitext) - Softcover

Book 224 of 261: Universitext

Yan, Jia-An

 
9789811316562: Introduction to Stochastic Finance (Universitext)
Softcover
ISBN 10: 9811316562 ISBN 13: 9789811316562
Publisher: Springer, 2018

Synopsis

This book gives a systematic introduction to the basic theory of financial mathematics, with an emphasis on applications of martingale methods in pricing and hedging of contingent claims, interest rate term structure models, and expected utility maximization problems. The general theory of static risk measures, basic concepts and results on markets of semimartingale model,  and a numeraire-free and original probability based framework for financial markets are also included. The basic theory of probability and Ito's theory of stochastic analysis, as preliminary knowledge, are presented.

"synopsis" may belong to another edition of this title.

About the Author

Professor Jia-An Yan is a Professor of Institute of Applied Mathematics, Academy of Mathematics and System Sciences, Chinese Academy of Sciences. He is a Member of the Chinese Academy of Sciences and he has served as Editor-in-Chief of Acta Mathematicae Applicatae Sinica and members of several editorial boards. His main research area is stochastic analysis and mathematical finance.

From the Back Cover

This book gives a systematic introduction to the basic theory of financial mathematics, with an emphasis on applications of martingale methods in pricing and hedging of contingent claims, interest rate term structure models, and expected utility maximization problems. The general theory of static risk measures, basic concepts and results on markets of semimartingale model,  and a numeraire-free and original probability based framework for financial markets are also included. The basic theory of probability and Ito's theory of stochastic analysis, as preliminary knowledge, are presented.

"About this title" may belong to another edition of this title.

Publisher
Springer
Publication date
2018
Language
English
ISBN 10 
9811316562
ISBN 13 
9789811316562
Binding
Paperback
Edition number
1
Number of pages
417