{"product_id":"elementary-stochastic-calculus-with-finance-in-view-advanced-statistical-science-and-applied-probability","title":"Elementary Stochastic Calculus, with Finance in View (Advanced Statistical Science and Applied Probability)","description":"\u003cp\u003eModelling with the It integral or stochastic differential equations has become increasingly important in various applied fields, including physics, biology, chemistry and finance. However, stochastic calculus is based on a deep mathematical theory.This book is suitable for the reader without a deep mathematical background. It gives an elementary introduction to that area of probability theory, without burdening the reader with a great deal of measure theory. Applications are taken from stochastic finance. In particular, the BlackScholes option pricing formula is derived. The book can serve as a text for a course on stochastic calculus for nonmathematicians or as elementary reading material for anyone who wants to learn about It calculus and\/or stochastic finance.\u003c\/p\u003e","brand":"World Scientific Publishing Company","offers":[{"title":"Default Title","offer_id":45899887542470,"sku":"DADAX9810235437","price":59.96,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0695\/9389\/1014\/files\/71AgakTHzwL.jpg?v=1780303834","url":"https:\/\/ergodemedia.com\/products\/elementary-stochastic-calculus-with-finance-in-view-advanced-statistical-science-and-applied-probability","provider":"Ergodemedia","version":"1.0","type":"link"}