INTERNATIONAL STANDARD BOOK NUMBER
(Number (ISBN
9783319003276
NATIONAL BIBLIOGRAPHY NUMBER
Country Code
IR
Number
EN-50190
LANGUAGE OF THE ITEM
.Language of Text, Soundtrack etc
انگلیسی
COUNTRY OF PUBLICATION OR PRODUCTlON
Country of publication
IR
TITLE AND STATEMENT OF RESPONSIBILITY
Title Proper
Stochastic Processe
General Material Designation
[Book]
Other Title Information
:From Physics to Finance
First Statement of Responsibility
/ by Wolfgang Paul, Jrg Baschnagel
EDITION STATEMENT
Edition Statement
2nd ed. 2013.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Heidelberg
Name of Publisher, Distributor, etc.
: Springer International Publishing :Imprint: Springer,
Date of Publication, Distribution, etc.
, 2013.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
XIII, 280 p. 43 illus., online resource.
NOTES PERTAINING TO PUBLICATION, DISTRIBUTION, ETC.
Text of Note
Electronic
CONTENTS NOTE
Text of Note
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 conservative diffusion processes and quantum mechanics is expanded. The second edition also enlargesthe treatment of financial markets. Beyond a presentation of geometric Brownian motion and the Black-Scholes approach to option pricing as well as the econophysics analysis of the stylized facts of financial markets, an introduction to agent based modeling approaches is given.
Text of Note
A First Glimpse of Stochastic Processes -- A Brief Survey of the Mathematics of Probability Theory -- Diffusion Processes -- Beyond the Central Limit Theorem: L?شvy Distributions -- Modeling the Financial Market -- Stable Distributions Revisited -- Hyperspherical Polar Coordinates -- The Weierstrass Random Walk Revisited -- The Exponentially Truncated L?شvy Flight -- Put-Call Parity -- Geometric Brownian Motion.?╗╣
TOPICAL NAME USED AS SUBJECT
Physics
Finance
Mathematical physics
Economics, Mathematical
Electronic books
LIBRARY OF CONGRESS CLASSIFICATION
Class number
E-BOOK
PERSONAL NAME - PRIMARY RESPONSIBILITY
Paul, Wolfgang.
PERSONAL NAME - SECONDARY RESPONSIBILITY
Baschnagel, J?╢rg
SpringerLink (Online service)
ORIGINATING SOURCE
Country
ایران
ELECTRONIC LOCATION AND ACCESS
Host name
9783319003269.pdf
Access number
عادی
Compression information
عادی
Date and Hour of Consultation and Access
9783319003269.pdf
Electronic Format Type
متن
old catalog
e
BL
1
a
Y
