Financial engineering has been proven to be a useful tool for risk management, but using the theory in practice requires a thorough understanding of the risks a

Financial engineering has been proven to be a useful tool for risk management, but using the theory in practice requires a thorough understanding of the risks a

This book presents a concise treatment of stochastic calculus and its applications. It gives a simple but rigorous treatment of the subject including a range of

This book consists of a series of new, peer-reviewed papers in stochastic processes, analysis, filtering and control, with particular emphasis on mathematical f

Stochastic calculus has important applications to mathematical finance. This book will appeal to practitioners and students who want an elementary introduction