Telegraph Processes and Option Pricing

• Κύριοι συγγραφείς: Kolesnik, Alexander D. (Συγγραφέας), Ratanov, Nikita (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2013.
• Σειρά: SpringerBriefs in Statistics,
• Θέματα: Statistics.; Statistics, general.

The telegraph process is a useful mathematical model for describing the stochastic motion of a particle that moves with finite speed on the real line and alternates between two possible directions of motion at random time instants. That is why it can be considered as the finite-velocity counterpart...

Πίνακας περιεχομένων:

• Preface
• 1.Preliminaries
• 2.Telegraph Process on the Line
• 3.Functionals of Telegraph Process
• 4.Asymmetric Jump-Telegraph Processes
• 5.Financial Modelling and Option Pricing
• Index.  .