Theory of Stochastic Differential Equations with Jumps and Applications
Download or Read eBook Theory of Stochastic Differential Equations with Jumps and Applications PDF written by Rong SITU and published by Springer Science & Business Media. This book was released on 2006-05-06 with total page 444 pages. Available in PDF, EPUB and Kindle.
| Author | : Rong SITU |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 444 |
| Release | : 2006-05-06 |
| ISBN-10 | : 9780387251752 |
| ISBN-13 | : 0387251758 |
| Rating | : 4/5 (52 Downloads) |
Book Synopsis Theory of Stochastic Differential Equations with Jumps and Applications by : Rong SITU
Book excerpt: Stochastic differential equations (SDEs) are a powerful tool in science, mathematics, economics and finance. This book will help the reader to master the basic theory and learn some applications of SDEs. In particular, the reader will be provided with the backward SDE technique for use in research when considering financial problems in the market, and with the reflecting SDE technique to enable study of optimal stochastic population control problems. These two techniques are powerful and efficient, and can also be applied to research in many other problems in nature, science and elsewhere.
