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Applied diffusion processes from Engineering to Finance

Name: Applied diffusion processes from Engineering to Finance
Brand: ISTE Ltd and John Wiley & Sons Inc
SKU: 01999414
Price: 222.09 EUR
Availability: InStock
Author: Jacques Janssen
ISBN: 9781848212497

Jacques Janssen

Idioma

Inglés

Libro Tapa dura

Código Libristo: 01999414

Editores ISTE Ltd and John Wiley & Sons Inc, marzo 2013

The aim of this book is to promote interaction between Engineering, Finance and Insurance, as there... Descripción completa

Código Libristo: 01999414

544 b

222.09 €

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The aim of this book is to promote interaction between Engineering, Finance and Insurance, as there are many models and solution methods in common for solving real-life problems in these three topics.§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 get the solutions of the different problems presented in the book. Advanced topics such as non-linear 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.