Svetlozar T. Rachev Young Shim Kim Michele L. Bianchi
An in-depth guide to understanding probability distributions and financial modeling for the purposes of investment management
In Financial Models with Levy Processes and Volatility Clustering, the expert author team provides a framework to model the behavior of stock returns in both a univariate and a multivariate setting, providing you with practical applications to option pricing and portfolio management. They also explain the reasons for working with non-normal distribution in financial modeling and the best methodologies for employing it.
The book's framework includes the...
An in-depth guide to understanding probability distributions and financial modeling for the purposes of investment management
Proceedings of the Conference on title], held in Santa Barbara, California, May 1993. The main topics are: approximation of functions by polynomials, splines, and operators, and applications to stochastics; numerical methods for approximation of deterministic and stochastic integrals; orthogonal po
Proceedings of the Conference on title], held in Santa Barbara, California, May 1993. The main topics are: approximation of functions by polynomials,...
Svetlozar T. Rachev Lev B. Klebanov Stoyan Stoyanov
This book covers the method of metric distances and its application in probability theory and other fields. The method is fundamental in the study of limit theorems and generally in assessing the quality of approximations to a given probabilistic model. The method of metric distances is developed to study stability problems and reduces to the selection of an ideal or the most appropriate metric for the problem under consideration and a comparison of probability metrics.
After describing the basic structure of probability metrics and providing an analysis of the topologies in the...
This book covers the method of metric distances and its application in probability theory and other fields. The method is fundamental in the study ...
George A. Anastassiou Svetlozar T. Rachev George A
These proceedings contain selected papers presented at the Conference on Approximation, Probability and Related Fields held in Santa Barbara, California, on May 20-22, 1993. The main topics of the conference were: 1) approximation of functions by polynomials, splines, and operators, and applications to stochastics 2) numerical methods for approximation of deterministic and stochastic integrals 3) orthogonal polynomials and stochastic processes 4) positive linear operators and related deterministic and stochastic inequalities 5) multivariate approximation and interpolation 6) rate of...
These proceedings contain selected papers presented at the Conference on Approximation, Probability and Related Fields held in Santa Barbara, Californ...
The subject of numerical methods in finance has recently emerged as a new discipline at the intersection of probability theory, finance, and numerical analysis. The methods employed bridge the gap between financial theory and computational practice, and provide solutions for complex problems that are difficult to solve by traditional analytical methods. Although numerical methods in finance have been studied intensively in recent years, many theoretical and practical financial aspects have yet to be explored. This volume presents current research and survey articles focusing on various...
The subject of numerical methods in finance has recently emerged as a new discipline at the intersection of probability theory, finance, and numeri...
