Title: Discrete-Time Approximations and Limit Theorems: In Applications to Financial Markets (De Gruyter Series in Probability and Stochastics, 2)
Publisher: Walter de Gruyter
Publication Date: 2021
Language: English
ISBN 10: 311065279X
ISBN 13: 9783110652796
Binding: Hardcover
Condition: New

About this title

Synopsis

Financial market modeling is a prime example of a real-life application of probability theory and stochastics. This authoritative book discusses the discrete-time approximation and other qualitative properties of models of financial markets, like the Black-Scholes model and its generalizations, offering in this way rigorous insights on one of the most interesting applications of mathematics nowadays.

About the Author

Yuliya Mishura and Kostiantyn Ralchenko, Taras Shevchenko National University of Kyiv, Ukraine.

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