[Read and download] Stochastic Calculus for Finance (Mastering Mathematical Finance)






 | #1689870 in eBooks |  2012-08-23 |  2012-11-29 | File Name: B009ZRNRW2

|| |'... a very accessible and comprehensive introduction.' |Robert Stelzer, Mathematical s|About the Author|Marek Capiński has published over fifty research papers and nine books. His diverse interests include mathematica

This book focuses specifically on the key results in stochastic processes that have become essential for finance practitioners to understand. The authors study the Wiener process and Itô integrals in some detail, with a focus on results needed for the Black–Scholes option pricing model. After developing the required martingale properties of this process, the construction of the integral and the Itô formula (proved in detail) become the centrepiece, bot...


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