Streaming af e- og lydbøger Stream e- og lydbøger Prøv gratis

Fractional Calculus and Fractional Processes with Applications to Financial Economics

af

Du sparer 28% fra forlagets pris Du sparer 28% fra forlagets pris
Fractional Calculus and Fractional Processes with Applications to Financial Economics
  • Forlagets pris kr. 669,95
  • Leveringstid Straks (sendes på e-mail)
  • E-bog, ePub (kr. 479,95) (kr. 479,95)
    1. Beskrivelse

      Fractional Calculus and Fractional Processes with Applications to Financial Economics presents the theory and application of fractional calculus and fractional processes to financial data. Fractional calculus dates back to 1695 when Gottfried Wilhelm Leibniz first suggested the possibility of fractional derivatives. Research on fractional calculus started in full earnest in the second half of the twentieth century. The fractional paradigm applies not only to calculus, but also to stochastic processes, used in many applications in financial economics such as modelling volatility, interest rates, and modelling high-frequency data. The key features of fractional processes that make them interesting are long-range memory, path-dependence, non-Markovian properties, self-similarity, fractal paths, and anomalous diffusion behaviour. In this book, the authors discuss how fractional calculus and fractional processes are used in financial modelling and finance economic theory. It provides a practical guide that can be useful for students, researchers, and quantitative asset and risk managers interested in applying fractional calculus and fractional processes to asset pricing, financial time-series analysis, stochastic volatility modelling, and portfolio optimization.Provides the necessary background for the book's content as applied to financial economicsAnalyzes the application of fractional calculus and fractional processes from deterministic and stochastic perspectives

      Andre udgaver:

      Bog, hardback

    2. Yderligere info
      Udgivelsesdato:
      01-10-2016
      Sprog:
      Engelsk
      ISBN13:
      9780128042847
      Sidetal:
      118
      Mærkat:
      E-bog, ePub
      Format:
      ePub
    3. Anmeldelser

      Kundernes boganmeldelser af Fractional Calculus and Fractional Processes with Applications to Financial Economics

    4. DRM Beskyttelse

      OBS! E-bogen kan ikke læses på Kindle eller i iBooks. Du kan læse e-bogen på computer, tablet, smartphone og diverse e-bogslæsere. Du skal bruge et specielt læseprogram til din enhed. Læs mere om programmer, sidetal og print af e-bøger her.

    Fandt du ikke hvad du søgte?

    Hvis denne bog ikke er noget for dig, kan du benytte kategorierne nedenfor til at finde andre titler. Klik på en kategori for at se lignende bøger.

    Se andre bøger, der handler om