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Cover image for book Stochastic Processes with Applications to Finance

Stochastic Processes with Applications to Finance

By:Masaaki Kijima
Publisher:Taylor & Francis
Print ISBN:9781439884829
eText ISBN:9781482211535
Edition:2
Copyright:2013
Format:Reflowable

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Financial engineering has been proven to be a useful tool for risk management, but using the theory in practice requires a thorough understanding of the risks and ethical standards involved. Stochastic Processes with Applications to Finance, Second Edition presents the mathematical theory of financial engineering using only basic mathematical tools

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