Stochastic Models of Financial Mathematics By Vigirdas Mackevicius

Stochastic Models of Financial MathematicsAuthor(s): Vigirdas Mackevicius\nFormat: Hardback\nPublisher: ISTE Press Ltd - Elsevier Inc, United Kingdom\nImprint: ISTE Press Ltd - Elsevier Inc\nISBN-13: 9781785481987, 978-1785481987\nSynopsis\nThis book presents a short introduction to continuous-time financial models. An overview of the basics of stochastic analysis precedes a focus on the BlackScholes and interest rate models. Other topics covered include self-financing strategies, option pricing, exotic options and risk-neutral probabilities. Vasicek, Cox?Ingersoll?Ross, and HeathJarrowMorton interest rate models are also [url] author presents practitioners with a basic introduction, with more rigorous information provided for mathematicians. The reader is assumed to be familiar with the basics of probability theory. Some basic knowledge of stochastic integration and differential equations theory is preferable, although all preliminary information is given in the first part of the bo.