Stochastic Analysis, Stochastic Systems, and Applications to Finance
Download or Read eBook Stochastic Analysis, Stochastic Systems, and Applications to Finance PDF written by Allanus Hak-Man Tsoi and published by World Scientific. This book was released on 2011 with total page 274 pages. Available in PDF, EPUB and Kindle.
Author | : Allanus Hak-Man Tsoi |
Publisher | : World Scientific |
Total Pages | : 274 |
Release | : 2011 |
ISBN-10 | : 9789814355704 |
ISBN-13 | : 9814355704 |
Rating | : 4/5 (04 Downloads) |
Book Synopsis Stochastic Analysis, Stochastic Systems, and Applications to Finance by : Allanus Hak-Man Tsoi
Book excerpt: 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.