From the reviews: -While this book is oriented toward students of physics, it could well be appreciated by a wider mathematical audience ...] The text offers a rare opportunity to have a unified and modern treatment of stochastic processes in physics and finance.- Bulletin of Mathematics Books
From the reviews: -While this book is oriented toward students of physics, it could well be appreciated by a wider mathematical audience ...] The ...
Thisbook introduces the theory of stochastic processes with applications taken from physics and finance. Fundamental concepts like the random walk or Brownian motion but also Levy-stable distributions are discussed. Applications are selected to show the interdisciplinary character of the concepts and methods. In the second edition of the book a discussion of extreme events ranging from their mathematical definition to their importance for financial crashes was included. The exposition of basic notions of probability theory and the Brownian motion problem as well as the relation between...
Thisbook introduces the theory of stochastic processes with applications taken from physics and finance. Fundamental concepts like the random walk or ...
This book introduces the theory of stochastic processes with applications taken from physics and finance. It includes a discussion of extreme events, ranging from their mathematical definition to their importance for financial crashes.
This book introduces the theory of stochastic processes with applications taken from physics and finance. It includes a discussion of extreme events, ...
