Apparel & Accessories 
Vehicles & Parts 
Toys & Games 
Sporting Goods 
Office Supplies 
Luggage & Bags 
Home & Garden 
Hardware 
Furniture 
Copied
Go to and paste the code at the checkout to enjoy
Stochastic Models for Prices Dynamics in Energy and Commodity Markets
Best Price:
Buy Stochastic Models for Prices Dynamics in Energy and Commodity Markets for $109.00 at @ Link.springer.com
No coupon is required — this is the standard retail price.
Set a price drop alert to never miss an offer.
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
|
|
$109.00 | $109.00 |
|
$109.00 | See Site | In stock | Visit Store |
Product Details
This monograph presents a theory for random field models in time and space, viewed as stochastic processes with values in a Hilbert space, to model the stochastic dynamics of forward and futures prices in energy, power, and commodity markets. In this book, the well-known HeathJarrowMorton approach from interest rate theory is adopted and extended into an infinite-dimensional framework, allowing for flexible modeling of price stochasticity across time and along the term structure curve. Various models are introduced based on stochastic partial differential equations with infinite-dimensional Lvy processes as noise drivers, emphasizing random fields described by low-dimensional parametric covariance functions instead of classical high-dimensional factor models. The Filipovi space, a separable Hilbert space of Sobolev type, is found to be a convenient state space for the dynamics of forward and futures term structures. The monograph provides a classification of important operators in this space, covering covariance operators and the stochastic modeling of volatility term structures, including the Samuelson effect. Fourier methods are employed to price many derivatives of interest in energy, power, and commodity markets, and sensitivity 'delta' expressions can be derived. Additionally, the monograph covers forward curve smoothing, the connection between forwards with fixed delivery and delivery period, as well as the classical theory of forward and futures pricing. This monograph will appeal to researchers and graduate students interested in mathematical finance and stochastic analysis applied in the challenging markets of energy, power, and commodities. Practitioners seeking sophisticated yet flexible and analytically tractable risk models will also find it valuable.
Reviews
Questions & Answers
Development of Selective DNA-Interacting Ligands
$109.99
University Rankings
$84.99
Colour Futures
$159.99
Inverse Problems for Partial Differential Equations
$159.99
Teacher Education for Critical and Reflexive Interculturality
$79.99
ber den Einflu der elastischen Eigenschaften von Tonbndern auf die Tonhhenschwankungen von Magne
$59.99
Ultra-Fine Grained Steels
$189.00
Furthering Talk
$39.99
Recht sprechen
$44.99
How Do Dinosaurs Say Good Night? (Hardcover)
$14.24
Die Zentrifugalventilatoren und Zentrifugalpumpen und Ihre Antriebsmaschinen der Elektromotor und di
$49.99
Mergers & Acquisitions
$84.99
Der Gegenstand der Mathematik mit besonderer Beziehung auf die Relativittstheorie
$59.99
Sexual Crime and Intellectual Functioning
$139.99
Disability in the Global South
$169.99
The Resilience of the Hungarian Legal System since 2010
$59.99
Der Einflu des Schwefels und der Kohlenoxydspaltung auf den Hochofenproze
$59.99
Protein Supersecondary Structures
$89.00
Pediatric Rheumatology for the Practitioner
$54.99
Handbuch der Kinderheilkunde
$59.99
Low-Power Smart Imagers for Vision-Enabled Sensor Networks
$84.99
Charge-Trapping Non-Volatile Memories
$109.99
Planung und Entwicklung einer programmierbaren digitalen Integrieranlage
$59.99
Requirements Engineering: Foundation for Software Quality
$59.99
Beware the Claw!
$7.49
Mathematical Foundations of Computer Science 1994
$84.99
The Interactions of Amsterdam and Antwerp with the Baltic region, 14001800
$54.99
Optimization Theory and Methods
$199.99
Computer Vision based Identification and Mosaic of Gramineous Grass Seeds
$109.00
Visual Devices in Contemporary Prose Fiction
$54.99
Fhren und verkaufen mit der Kraft der Ordnung
$29.99
Memory, Trauma and World Politics
$54.99
Earth Observation Science and Applications for Risk Reduction and Enhanced Resilience in Hindu Kush
$59.99
Phase Portraits of Control Dynamical Systems
$54.99
Atlas of Head and Neck Cancer Surgery
$129.99
Investment im Iran Investment in Iran
$49.99
S3-Leitlinie Screening, Diagnose und Behandlung alkoholbezogener Strungen
$49.99
Getting to Know the World Scientifically
$39.99
An Applied Perspective on Indian Ethics
$54.99
Wissenschaftlicher Briefwechsel mit Bohr, Einstein, Heisenberg u.a. / Scientific Correspondence with
$189.00
