Discrete-Time Approximations and Limit Theorems

Financial market modeling is a prime example of a real-life application of probability theory and stochastics. This authoritative book discusses the discrete-time approximation and other qualitative properties of models of financial markets, like the Black-Scholes model and its generalizations, offering in this way rigorous insights on one of the most interesting applications of mathematics nowadays.

Auteur

Yuliya Mishura, Taras Shevchenko National University of Kyiv, Ukraine.