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Basic Stochastic Processes

Name: Basic Stochastic Processes
Brand: ISTE Ltd and John Wiley & Sons Inc
SKU: 09511212
Price: 171.52 EUR
Availability: InStock
Author: Pierre Devolder
ISBN: 9781848218826

Pierre Devolder

Jacques Janssen

Rainmondo Manca

Language

English

Book Hardback

Libristo code: 09511212

Publishers ISTE Ltd and John Wiley & Sons Inc, August 2015

This book presents basic stochastic processes, stochastic calculus including Levy processes on one h... Full description

Libristo code: 09511212

415 b

171.52 €

335.46 лв

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This book presents basic stochastic processes, stochastic calculus including Levy processes on one hand, and Markov and Semi Markov models on the other. From the financial point of view, essential concepts such as the Black and Scholes model, VaR indicators, actuarial evaluation, market values, fair pricing play a central role and will be presented. The authors also present basic concepts so that this series is relatively self-contained for the main audience formed by actuaries and particularly with ERM (enterprise risk management) certificates, insurance risk managers, students in Master in mathematics or economics and people involved in Solvency II for insurance companies and in Basel II and III for banks.