Introduction to Stochastic Finance
Download or Read eBook Introduction to Stochastic Finance PDF written by Jia-An Yan and published by Springer. This book was released on 2018-10-10 with total page 406 pages. Available in PDF, EPUB and Kindle.
| Author | : Jia-An Yan |
| Publisher | : Springer |
| Total Pages | : 406 |
| Release | : 2018-10-10 |
| ISBN-10 | : 9789811316579 |
| ISBN-13 | : 9811316570 |
| Rating | : 4/5 (79 Downloads) |
Book Synopsis Introduction to Stochastic Finance by : Jia-An Yan
Book excerpt: 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.
