{"product_id":"elementary-stochastic-calculus-with-finance-in-view-6-advanced-series-on-statistical-science-applied-probability","title":"Elementary Stochastic Calculus, with Finance in View: 6 (Advanced Series on Statistical Science \u0026 Applied Probability)","description":"\u003cp\u003eModelling 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.\u003c\/p\u003e","brand":"GENRES BSTIN Higher Education Textbooks","offers":[{"title":"Paperback","offer_id":62415009579378,"sku":"9810235437 - PB","price":25.0,"currency_code":"USD","in_stock":true},{"title":"Hardcover","offer_id":62415009612146,"sku":"9810235437 - HB","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0914\/6889\/0482\/files\/71AgakTHzwL.jpg?v=1790595280","url":"https:\/\/universalreads.com\/products\/elementary-stochastic-calculus-with-finance-in-view-6-advanced-series-on-statistical-science-applied-probability","provider":"Universal reads","version":"1.0","type":"link"}