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Stochastic Calculus For Fractional Brownian Motion And Related Processes(1st Edition)
Authors:
Yuliya Mishura
Cover Type:Hardcover
Condition:Used
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ISBN: 3540758720, 978-3540758723
Book publisher: Springer
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Book Summary: This volume examines the theory of fractional Brownian motion and other long-memory processes. Interesting topics for PhD students and specialists in probability theory, stochastic analysis and financial mathematics demonstrate the modern level of this field. It proves that the market with stock guided by the mixed model is arbitrage-free without any restriction on the dependence of the components and deduces different forms of the Black-Scholes equation for fractional market.
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