Stochastic Analysis, Stochastic Systems, and Applications to Finance

Tsoi, Allanus (Editor)/ Nualart, David (Editor)/ Yin, George (Editor)

ISBN 10: 9814355704 / ISBN 13: 9789814355704

Published by World Scientific Pub Co Inc, 2011

About this Item

1st edition. 272 pages. 9.50x6.50x0.75 inches. In Stock. Seller Inventory # x-9814355704

Bibliographic Details

Title: Stochastic Analysis, Stochastic Systems, and...

Publisher: World Scientific Pub Co Inc

Publication Date: 2011

Binding: Hardcover

Condition: Brand New

About this title

Synopsis:

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 modeling.

From the Back Cover:

This book introduces some advanced topics in probability theories - both pure and applied. It 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 modeling.