[ FreeCourseWeb ] Stochastic Differential Equations- An Introduction with Applications (True PDF)

[ FreeCourseWeb.com ] Stochastic Differential Equations: An Introduction with Applications (True PDF)

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English | PDF | 2003 | 403 Pages | ISBN : 3540047581 | 2.56 MB

From the reviews of the fifth edition:
"This is a highly readable and refreshingly rigorous introduction to stochastic calculus. … This is not a watered-down treatment. It is a serious introduction that starts with fundamental measure-theoretic concepts and ends, coincidentally, with the Black-Scholes formula as one of several examples of applications. This is the best single resource for learning the stochastic calculus … ." (riskbook.com, 2002)
From the reviews of the sixth edition:

"The book … has evolved from a 200-page typewritten booklet to a modern classic. Part of its charm and success is the fact that the author does not bother too much with the (for the novice) cumbersome rigorous theory … . This does not mean that the book is not rigorous, it is just the timing and dosage of mathematical rigour … that is palatable for undergraduates … . a highly readable account, suitable for self-study and for use in the classroom." (René L. Schilling, The Mathematical Gazette, March, 2005)

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