Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Stochastic Differential Equations, Backward SDEs, Partial Differential Equations

Stochastic Differential Equations, Backward SDEs, Partial Differential Equations

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783319057149
Condition
New
Product Description

This research monograph presents results to researchers in stochastic calculus, forward and backward stochastic differential equations, connections between diffusion processes and second order partial differential equations (PDEs), and financial mathematics. It pays special attention to the relations between SDEs/BSDEs and second order PDEs under minimal regularity assumptions, and also extends those results to equations with multivalued coefficients. The authors present in particular the theory of reflected SDEs in the above mentioned framework and include exercises at the end of each chapter. Stochastic calculus and stochastic differential equations (SDEs) were first introduced by K. It in the 1940s, in order to construct the path of diffusion processes (which are continuous time Markov processes with continuous trajectories taking their values in a finite dimensional vector space or manifold), which had been studied from a more analytic point of view by Kolmogorov in the 1930s. Since then, this topic has become an important subject of Mathematics and Applied Mathematics, because of its mathematical richness and its importance for applications in many areas of Physics, Biology, Economics and Finance, where random processes play an increasingly important role. One important aspect is the connection between diffusion processes and linear partial differential equations of second order, which is in particular the basis for Monte Carlo numerical methods for linear PDEs. Since the pioneering work of Peng and Pardoux in the early 1990s, a new type of SDEs called backward stochastic differential equations (BSDEs) has emerged. The two main reasons why this new class of equations is important are the connection between BSDEs and semilinear PDEs, and the fact that BSDEs constitute a natural generalization of the famous Black and Scholes model from Mathematical Finance, and thus offer a natural mathematical framework for the formulation of many new models in Finance.

Available Colors
Available Sizes
1 Offer Price Range: $119.00 - $119.00
BEST PRICE

Single Product Purchase

$119.00
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$119.00 $119.00

$119.00
See Site In stock Visit Store

Similar Products

Free Boundary Problems

$44.99

Bringing Religion Into International Relations

$54.99

Harry Potter and the Sorcerer's Stone: The Illustrated Edition (Illustrated): The Illustrated Edition by J. K. Rowling

$39.99

Analyzing Analytics

$37.99

Six-Phase Electric Machines

$84.99

Interessen und Institutionen in der internationalen Politik

$64.99

The Visual Thalamocortical System and Its Modulation by the Brain Stem Core

$129.00

International Scholarships in Higher Education

$139.99

Advances in Human Factors in Sports and Outdoor Recreation

$84.99

Fourth Symposium on our Environment

$39.99

Macmillan Dictionary of Archaeology

$44.99

Two 2018 Destructive Indonesian Tsunamis: Palu (Sulawesi) and Anak Krakatau

$129.99

Biochemisches Taschenbuch

$64.99

Biomedical Signals and Sensors II

$129.99

Applications of Minimally Invasive Nanomedicine-Based Therapies in 3D in vitro Cancer Platforms

$59.99

Zwanglufige Regelung der Verbrennung bei Verbrennungsmaschinen

$59.99

Bewertung von Optionen unter der Coherent Market Hypothesis

$64.99

Information and Communication Technology for Sustainable Development

$169.00

Die Logik mechanismischer Erklrungen

$79.99

Housing in African Cities

$139.99

Scholar Zone Extended Learning Plus ELA & Math Grade 7

$900.00

Gemeinsame Verantwortlichkeit

$99.99

Ship Operations in Extreme Low Temperature Environments

$199.99

Electronics A Bibliographical Guide

$109.99

Annual Update in Intensive Care and Emergency Medicine 2011

$169.99

Manual der gynkologischen Onkologie

$59.99

Intermedial Praxis and Practice as Research

$64.99

Gas Separation Membranes

$179.99

Studien ber Methmoglobin, Phenyl- und Tolylhydroxylamin

$54.99

Robots and Sensor Clouds

$109.99

Spontaneous and Induced Intima Formation in Blood Vessels

$84.99

Metal Sites in Proteins and Models

$129.00

Untersuchungen an kalksilikatreichen Ferrochromschlacken

$59.99

Weiterentwicklung des Target Costing unter besonderer Bercksichtigung der Automobilindustrie

$49.99

Laparoscopic Antireflux Surgery

$129.99

Designing a Place Called Home

$54.99

Using Detection Dogs to Monitor Aquatic Ecosystem Health and Protect Aquatic Resources

$149.00

Staying on Top in Academia

$29.99

Improving Incentives for the Low-Paid

$29.99

Globale Kommunikationsnetze

$39.99