Applied diffusion processes from engineering to finance /

• Κύριος συγγραφέας: Janssen, Jacques, 1939- (Συγγραφέας)
• Άλλοι συγγραφείς: Manca, Oronzio, Manca, Raimondo
• Μορφή: Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: London : ISTE Ltd ; 2013.; Hoboken, NJ : John Wiley & Sons, Inc., 2013.
• Σειρά: Applied stochastic methods series.
• Θέματα: Diffusion processes.; Finance > Mathematical models.; Insurance > Mathematical models.; Engineering mathematics.; MATHEMATICS > Probability & Statistics > Stochastic Processes.; Electronic books.
• Φυσική περιγραφή: 1 online resource (xv, [393] pages) : illustrations.
• Βιβλιογραφία: Includes bibliographical references (pages 381-391) and index.
• ISBN: 9781118578339; 1118578333; 9781118576687; 1118576683; 1118578341; 9781118578346; 1848212496; 9781848212497; 9781299475588; 1299475582
• DOI: 10.1002/9781118578339

"The aim of this book is to promote interaction between engineering, finance and insurance, as these three domains have many models and methods of solution in common for solving real-life problems. The authors point out the strict inter-relations that exist among the diffusion models used in engineering, finance and insurance. In each of the three fields, the basic diffusion models are presented and their strong similarities are discussed. Analytical, numerical and Monte Carlo simulation methods are explained with a view to applying them to obtain the solutions to the different problems presented in the book. Advanced topics such as nonlinear problems, Lévy processes and semi-Markov models in interactions with the diffusion models are discussed, as well as possible future interactions among engineering, finance and insurance."--Publisher's website.