![Basic Stochastic Processes](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
![Basic Stochastic Processes](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
![](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
![](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
Basic Stochastic Processes
-
- $279.99
-
- $279.99
Publisher Description
This book presents basic stochastic processes, stochastic calculus including Lévy processes on one hand, and Markov and Semi Markov models on the other. From the financial point of view, essential concepts such as the Black and Scholes model, VaR indicators, actuarial evaluation, market values, fair pricing play a central role and will be presented.
The authors also present basic concepts so that this series is relatively self-contained for the main audience formed by actuaries and particularly with ERM (enterprise risk management) certificates, insurance risk managers, students in Master in mathematics or economics and people involved in Solvency II for insurance companies and in Basel II and III for banks.
More Books Like This
Applied Diffusion Processes from Engineering to Finance
2013
Statistical Topics and Stochastic Models for Dependent Data with Applications
2020
Statistical Inference for Piecewise-deterministic Markov Processes
2018
Recent Advances in Financial Engineering 2012
2014
GARCH Models
2019
Option Pricing In Incomplete Markets: Modeling Based On Geometric L'evy Processes And Minimal Entropy Martingale Measures
2011