Stochastic Processes
| Author | : | |
| Rating | : | 4.81 (752 Votes) |
| Asin | : | 3540665609 |
| Format Type | : | paperback |
| Number of Pages | : | 231 Pages |
| Publish Date | : | 2016-09-02 |
| Language | : | English |
DESCRIPTION:
From the reviews: "While this book is oriented toward students of physics, it could well be appreciated by a wider mathematical audience … The text offers a rare opportunity to have a unified and modern treatment of stochastic processes in physics and finance." Bulletin of Mathematics Books
nice intention, unfortunately ill delivered The idea of writing a book that introduces the reader to stochastic processes from a more modern viewpoint, leading him from physics through to introductory finance is certainly as good as it is natural as it is timely, if not necessary. Clearly, when we physicists contemplate . W. P. Gardner said Excellent coverage of the math and the applications. I wish I had had this book "Excellent coverage of the math and the applications" according to W. P. Gardner. I wish I had had this book 20 years ago when I first studied stochastic processes in school: I was very interested in them, but did not have a clue about what they were good for.The book clarifies why we care about Levy distributions as opposed to plain old normal (Gaussian) di. 0 years ago when I first studied stochastic processes in school: I was very interested in them, but did not have a clue about what they were good for.The book clarifies why we care about Levy distributions as opposed to plain old normal (Gaussian) di. Good intent, lots of errors I read this book 2 years ago and thought it was a great idea to combine the two topics, and it still is. The choice of topics is fantastic and the way it's presented is very good, with lots of useful physical insight. However there are lots of errors in the maths, several steps
From the reviews:BULLETIN OF MATHEMATICS BOOKS"While this book is oriented toward students of physics, it could well be appreciated by a wider mathematical audience…The text offers a rare opportunity to have a unified and modern treatment of stochastic processes in physics and finance."