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(Ebook) Introduction to Stochastic Finance by Jia-An Yan ISBN 9789811316562, 9789811316579, 9811316562, 9811316570

  • SKU: EBN-7328464
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Authors:Jia-An Yan
Year:2018
Editon:1st ed.
Publisher:Springer Singapore
Language:english
File Size:3.89 MB
Format:pdf
ISBNS:9789811316562, 9789811316579, 9811316562, 9811316570
Categories: Ebooks

Product desciption

(Ebook) Introduction to Stochastic Finance by Jia-An Yan ISBN 9789811316562, 9789811316579, 9811316562, 9811316570

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.
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