Publisher description for Introductory stochastic analysis for finance and insurance / X. Sheldon Lin.
Bibliographic record and links to related information available from the Library of Congress catalog
Information from electronic data provided by the publisher. May be incomplete or contain other coding.
Introductory Stochastic Finance for Actuaries is an introductory level book on stochastic analysis for finance. It is specifically written for actuaries who would like to learn stochastic modeling techniques in a user-friendly and self-contained manner. The book introduces the basic theories of stochastic processes and stochastic calculus, and provides the necessary tool kits for modeling and pricing in finance and insurance. While rigorous concepts are presented when appropriate, the emphasis is on applications, intuition, and computation rather than on the theory.
Library of Congress subject headings for this publication:
Finance -- Mathematical models.
Insurance -- Mathematical models.