Scribd Logo
Upload

Welcome to Scribd!

  • 35 views

    Stochastic Calculus

    Uploaded by

    meetwithsanjay

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Stochastic Calculus

    Uploaded by

    meetwithsanjay
    35 views1 page

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views1 page

    Stochastic Calculus

    Uploaded by

    meetwithsanjay

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Stochastic calculus - Wikipedia, the free encyclopedia http://en.wikipedia.

    org/wiki/Stochastic_calculus

    Stochastic calculus
    From Wikipedia, the free encyclopedia.

    Stochastic calculus is a branch of mathematics that operates on stochastic processes. The operations include integration
    and differentiation that involve both deterministic and random (i.e. stochastic) variables. It is used to model systems that
    behave randomly.

    The most well-known stochastic process to which stochastic calculus is applied is the Wiener process (named in honor of
    Norbert Wiener), which is used for modelling Brownian motion as described by Albert Einstein and other physical
    diffusion processes in space of particles subject to random forces. More recently, the Wiener process has been widely
    applied in financial mathematics to model the evolution in time of stock and bond prices.

    The main flavours of stochastic calculus are the Itô calculus and the Malliavin calculus. A possible alternative to the Itô
    calculus, the Stratonovich calculus has not met much acceptance to date.

    Retrieved from "http://en.wikipedia.org/wiki/Stochastic_calculus"

    Categories: Stochastic processes | Financial mathematics | Mathematics stubs

    This page was last modified 01:09, 13 June 2005.


    All text is available under the terms of the GNU Free Documentation License (see Copyrights for
    details).

    1 of 1 9/10/2005 8:42 PM

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy