by Engel, Heino.Publisher: Ostfildern-Ruit : Verlag Gerd Hatje, 1997.Description: 352 pages ; 30cm.ISBN: 3775707069.Other title: Structure systems.Language: Parallel German and English text.
|Item type||Home library||Collection||Class number||Status||Date due||Barcode||Item reservations|
|Long loan||Camberwell College of Arts Main collection||Printed books||721 ENG (Browse shelf (Opens below))||Available||54008514|
|Long loan||Central Saint Martins Main collection||Printed books||624.1 ENG (Browse shelf (Opens below))||Available||11322470|
Enhanced descriptions from Syndetics:
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 It 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 It formula (proved in detail) become the centrepiece, both for theory and applications, and to provide concrete examples of stochastic differential equations used in finance. Finally, proofs of the existence, uniqueness and the Markov property of solutions of (general) stochastic equations complete the book. Using careful exposition and detailed proofs, this book is a far more accessible introduction to It calculus than most texts. Students, practitioners and researchers will benefit from its rigorous, but unfussy, approach to technical issues. Solutions to the exercises are available online.
Parallel German and English text.
Other editions of this work
|No cover image available||Sistemas de estructuras = by Engel, Heino ©2001|