Lévy processes and stochastic calculus / David Applebaum.

Applebaum, David, 1956-
Call Number
519
Author
Applebaum, David, 1956- author.
Title
Lévy processes and stochastic calculus / David Applebaum.
Lévy Processes & Stochastic Calculus
Edition
Second edition.
Physical Description
1 online resource (xxx, 460 pages) : digital, PDF file(s).
Series
Cambridge studies in advanced mathematics ; 116
Notes
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Summary
Lévy processes form a wide and rich class of random process, and have many applications ranging from physics to finance. Stochastic calculus is the mathematics of systems interacting with random noise. Here, the author ties these two subjects together, beginning with an introduction to the general theory of Lévy processes, then leading on to develop the stochastic calculus for Lévy processes in a direct and accessible way. This fully revised edition now features a number of new topics. These include: regular variation and subexponential distributions; necessary and sufficient conditions for Lévy processes to have finite moments; characterisation of Lévy processes with finite variation; Kunita's estimates for moments of Lévy type stochastic integrals; new proofs of Ito representation and martingale representation theorems for general Lévy processes; multiple Wiener-Lévy integrals and chaos decomposition; an introduction to Malliavin calculus; an introduction to stability theory for Lévy-driven SDEs.
Subject
Lévy processes.
STOCHASTIC ANALYSIS.
Multimedia
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Summary
Lévy processes form a wide and rich class of random process, and have many applications ranging from physics to finance. Stochastic calculus is the mathematics of systems interacting with random noise. Here, the author ties these two subjects together, beginning with an introduction to the general theory of Lévy processes, then leading on to develop the stochastic calculus for Lévy processes in a direct and accessible way. This fully revised edition now features a number of new topics. These include: regular variation and subexponential distributions; necessary and sufficient conditions for Lévy processes to have finite moments; characterisation of Lévy processes with finite variation; Kunita's estimates for moments of Lévy type stochastic integrals; new proofs of Ito representation and martingale representation theorems for general Lévy processes; multiple Wiener-Lévy integrals and chaos decomposition; an introduction to Malliavin calculus; an introduction to stability theory for Lévy-driven SDEs.
Notes
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject
Lévy processes.
STOCHASTIC ANALYSIS.
Multimedia