Stochastic Processes

From Physics to Finance

By: Wolfgang Paul, JÃ¶rg Baschnagel

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Paperback | 15 December 2010

At a Glance

Paperback
248 Pages

Dimensions(cm)
23.39 x 15.6 x 1.32

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This book deals with stochastic processes which are important in statistical physics and the regulation of finance markets. It gives the basis for estimation and calculation of widely independent processes governing a more complex behaviour of systems. The book is a must for financial analysts and for physicists and mathematicians working in the field of finance.

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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."

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