✨ Buy more, save 5% Ends this month

Theory of Stochastic Differential Equations with Jumps and Applications: Mathematical and Analytical Techniques with Applications to Engineering - Paperback

$262.05

(No reviews yet) Write a Review

Physical book delivery

Shipping calculated at checkout.

Estimated delivery

5–10 business days

in stock

Adding to cart… The item has been added

Product Details

Author:: Rong Situ
Publisher:: Springer
Publication Date:: Dec 08, 2010
Number of pages:: 434 pages
Binding:: Paperback or Softback
ISBN-10:: 1441937714
ISBN-13:: 9781441937711

Overview

Stochastic differential equations (SDEs) are a powerful tool in science, mathematics, economics and finance. This book will help the reader to master the basic theory and learn some applications of SDEs. In particular, the reader will be provided with the backward SDE technique for use in research when considering financial problems in the market, and with the reflecting SDE technique to enable study of optimal stochastic population control problems. These two techniques are powerful and efficient, and can also be applied to research in many other problems in nature, science and elsewhere.