{"product_id":"9783540229537","title":"Stochastic Methods in Finance : Lectures given at the C.I.M.E.-E.M.S. Summer School, Italy, 2003 (Lecture Notes in Mathematics) \u003cVol. 1856\u003e","description":"\u003cp\u003eThis volume includes the five lecture courses given at the CIME-EMS School on \"Stochastic Methods in Finance\" held in Bressanone\/Brixen, Italy 2003. It deals with innovative methods, mainly from stochastic analysis, that play a fundamental role in the mathematical modelling of finance and insurance: the theory of stochastic processes, optimal and stochastic control, stochastic differential equations, convex analysis and duality theory. Five topics are treated in detail: Utility maximization in incomplete markets; the theory of nonlinear expectations and its relationship with the theory of risk measures in a dynamic setting; credit risk modelling; the interplay between finance and insurance; incomplete information in the context of economic equilibrium and insider trading. \u003c\/p\u003e Preface.- Kerry Back: Incomplete and Asymmetric Information in Asset Pricing Theory.- Tomasz R. Bielecki, Monique Jeanblanc, Marek Rutkowski: Modeling and Valuation of Credit Risk.- Christian Hipp: Stochastic Control with Application in Insurance.- Shige Peng: Nonlinear Expectations, Nonlinear Evaluations and Risk Measures.- Walter Schachermayer: Utility Maximisation in Incomplete Markets.","brand":"Springer","offers":[{"title":"Default Title","offer_id":52356963434807,"sku":"00000_00000_00000_00000","price":297.93,"currency_code":"MYR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0962\/3548\/7543\/files\/9783540229537-1.jpg?v=1783269909","url":"https:\/\/kinokuniya.com.my\/products\/9783540229537","provider":"Books Kinokuniya Malaysia","version":"1.0","type":"link"}