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Abstract

Mathematical finance is one of the most influential driving forces behind the research into stochastic processes. This is due to the fact that a significant part of the world’s financial markets relies on stochastic models as the underlying basis for valuation and risk management. But, perhaps more surprisingly, the financial market was also one of the main drivers that led to their discovery.

Keywords

Asset Price Risky Asset Call Option Implied Volatility Forward Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Birkhäuser Boston 2005

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