Discrete-Time Approximations and Limit Theorems
Author: Yuliya Mishura
Publisher: Walter de Gruyter GmbH & Co KG
Published: 2021-10-25
Total Pages: 390
ISBN-13: 3110654245
DOWNLOAD EBOOKFinancial market modeling is a prime example of a real-life application of probability theory and stochastics. This authoritative book discusses the discrete-time approximation and other qualitative properties of models of financial markets, like the Black-Scholes model and its generalizations, offering in this way rigorous insights on one of the most interesting applications of mathematics nowadays.