{"product_id":"elementary-stochastic-calculus-with-finance-in-view","title":"Elementary Stochastic Calculus, With Finance In View","description":"Modelling with the Itô 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 Black-Scholes option pricing formula is derived. The book can serve as a text for a course on stochastic calculus for non-mathematicians or as elementary reading material for anyone who wants to learn about Itô calculus and\/or stochastic finance.","brand":"World Scientific Publishing Co Pte Ltd","offers":[{"title":"Default Title","offer_id":54237053682008,"sku":"9789810235437","price":59.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9789810235437.jpg?v=1777285817","url":"https:\/\/agendabookshop.com\/products\/elementary-stochastic-calculus-with-finance-in-view","provider":"Agenda Bookshop","version":"1.0","type":"link"}