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.
- Limba : Engleza
- Data Publicarii : 02 Nov 1998
- Format : Hardback
- Numar pagini : 224
- ISBN : 9789810235437