Discrete Time Approximations And Limit Theorems
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Discrete-Time Approximations and Limit Theorems
Author | : Yuliya Mishura |
Publisher | : Walter de Gruyter GmbH & Co KG |
Total Pages | : 390 |
Release | : 2021-10-25 |
Genre | : Mathematics |
ISBN | : 3110654245 |
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Financial 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.
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