Elementary Stochastic Calculus, With Finance In View - Thomas Mikosch - Hardback Bog - World Scientific Publishing Co Pte Ltd - 1998 - Engelsk -
Brand: World Scientific Publishing Co Pte Ltd
Description
An elementary introduction to modelling with Ito integral or stochastic differential equations, without burdening the reader with a great deal of measure theory. Applications are taken from stochastic finance. In particular, the Black-Scholes option pricing formula is derived.
