基本説明
New in softcover. Hardcover was published in 2003. Contents: The Discrete Case; Dynamic Models in Discrete Time; The Black-Scholes Formula; Portfolios Optimizing Wealth and Consumption; The Yield Curve; Equilibrium of Financial Markets in Discrete Time; and more.
Full Description
In modern financial practice, asset prices are modelled by means of stochastic processes, and continuous-time stochastic calculus thus plays a central role in financial modelling.



