Backward Stochastic Differential Equations

From Linear to Fully Nonlinear Theory

Paperback Engels 2018 9781493984329
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

This book provides a systematic and accessible approach to stochastic differential equations, backward stochastic differential equations, and their connection with partial differential equations, as well as the recent development of the fully nonlinear theory, including nonlinear expectation, second order backward stochastic differential equations, and path dependent partial differential equations. Their main applications and numerical algorithms, as well as many exercises, are included.

The book focuses on ideas and clarity, with most results having been solved from scratch and most theories being motivated from applications. It can be considered a starting point for junior researchers in the field, and can serve as a textbook for a two-semester graduate course in probability theory and stochastic analysis. It is also accessible for graduate students majoring in financial engineering.

Specificaties

ISBN13:9781493984329
Taal:Engels
Bindwijze:paperback
Uitgever:Springer New York

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Inhoudsopgave

Preliminaries.- Part I The Basic Theory of SDEs and BSDEs.- Basics of Stochastic Calculus.- Stochastic Differential Equations.- Backward Stochastic Differential Equations.- Markov BSDEs and PDEs.- Part II Further Theory of BSDEs.- Reflected BSDEs.- BSDEs with Quadratic Growth in Z.- Forward Backward SDEs.- Part III The Fully Nonlinear Theory of BSDEs.- Stochastic Calculus Under Weak Formulation.- Nonlinear Expectation.- Path Dependent PDEs.- Second Order BSDEs.. Bibliography.- Index.

Managementboek Top 100

Rubrieken

Populaire producten

    Personen

      Trefwoorden

        Backward Stochastic Differential Equations