Discrete-Time Approximations and Limit Theorems: In Applications to Financial Markets

by Yuliya S Mishura and Yuliya Mishura

Financial market modeling is a prime example of a real-life application of probability theory and stochastics. This authoritative book discusses the discrete-time approximation and other qualitative properties of models of financial markets, like the Black-Scholes model and its generalizations, offering in this way rigorous insights on one of the most interesting applications of mathematics nowadays.

• Format: Hardcover
• Language: English
• ISBN: 311065279X
• ISBN13: 9783110652796
• Release Date: November 2021
• Publisher: de Gruyter
• Length: 390 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.1" x 6.7" x 9.6"
• Grade Range: Postsecondary