Book of Donmon Teith

In financial and actuarial modeling and other areas of application, stochastic differential equations with jumps have been employed to describe the dynamics of

The numerical analysis of stochastic differential equations (SDEs) differs significantly from that of ordinary differential equations. This book provides an eas

Backward stochastic differential equations with jumps can be used to solve problems in both finance and insurance. Part I of this book presents the theory of BS

With this hands-on introduction readers will learn what SDEs are all about and how they should use them in practice.

WINNER of a Riskbook.com Best of 2004 Book Award! During the last decade, financial models based on jump processes have acquired increasing popularity in risk m