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Stochastic Processes and Calculus: An Elementary Introduction with Applications
Uwe Hassler
€ 114.48
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Description for Stochastic Processes and Calculus: An Elementary Introduction with Applications
Hardback. Series: Springer Texts in Business and Economics. Num Pages: 365 pages, 24 black & white illustrations, 21 colour illustrations, biography. BIC Classification: KCBM; KCH; KF; PBK; PBUD; PBWL. Category: (P) Professional & Vocational. Dimension: 235 x 155. .
This textbook gives a comprehensive introduction to stochastic processes and calculus in the fields of finance and economics, more specifically mathematical finance and time series econometrics. Over the past decades stochastic calculus and processes have gained great importance, because they play a decisive role in the modeling of financial markets and as a basis for modern time series econometrics. Mathematical theory is applied to solve stochastic differential equations and to derive limiting results for statistical inference on nonstationary processes. This introduction is elementary and rigorous at the same time. On the one hand it gives a basic ... Read more
This textbook gives a comprehensive introduction to stochastic processes and calculus in the fields of finance and economics, more specifically mathematical finance and time series econometrics. Over the past decades stochastic calculus and processes have gained great importance, because they play a decisive role in the modeling of financial markets and as a basis for modern time series econometrics. Mathematical theory is applied to solve stochastic differential equations and to derive limiting results for statistical inference on nonstationary processes. This introduction is elementary and rigorous at the same time. On the one hand it gives a basic ... Read more
Product Details
Publisher
Springer International Publishing AG Switzerland
Number of pages
365
Format
Hardback
Publication date
2015
Series
Springer Texts in Business and Economics
Condition
New
Weight
762g
Number of Pages
391
Place of Publication
Cham, Switzerland
ISBN
9783319234274
SKU
V9783319234274
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Uwe Hassler
Uwe Hassler studied mathematics and economics at Freie Universitat Berlin and specialized in statistics and econometrics at the London School of Economics. He completed his doctoral studies in 1993 at Freie Universitat. Hassler published in leading field journals such as Econometric Theory, Journal of Econometrics and Journal of Time Series Analysis. His main research interests are within the field of ... Read more
Reviews for Stochastic Processes and Calculus: An Elementary Introduction with Applications
The book is quite readable and can be used as a textbook for the application of mathematical theory in the area of econometrics. Also, a mathematician might benefit from an intuitive exposition of some different and specific types of integration appearing in the theory of stochastic processes. The book might then serve as starting point for a more detailed study ... Read more