A Course of Stochastic Analysis (CMS/CAIMS Books in Mathematics, 17)
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A Course of Stochastic Analysis (CMS/CAIMS Books in Mathematics, 17)
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A Course of Stochastic Analysis
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A Course of Stochastic Analysis (CMS/CAIMS Books in Mathematics, 17)
Overall Rating: 2.3 / 5 (average from multiple review sources, as of 23 Jun 2026)
Based on a total of 48,964 customer reviews from independent review platforms.
Sources & Transparency:
The values are derived from publicly available retailer ratings from platforms such as Feefo, http://Reviews.io , Trustpilot, and others, and are aggregated monthly.
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Based on a total of 48,964 customer reviews from independent review platforms.
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This thoroughly updated second edition offers a unified, modern pathway from the Kolmogorov foundations of probability to the tools of stochastic calculus-and on to applications in finance, statistics, and risk.With clarity and breadth, it develops martingale and semimartingale theory alongside stochastic differential equations, keeping both discrete- and continuous-time viewpoints in play. What’s new in the 2nd EditionOptional Stochastic Analysis on non-“usual” filtrations: the first textbook presentation of optional processes on stochastic bases beyond the standard right-continuous, complete setting, with an accompanying optional stochastic calculus. Optional SDEs and stochastic exponentials/logarithms: existence-uniqueness theory and product/inverse rules, with financial modeling worked out in this optional-semimartingale framework. New applications: Stochastic Regression Analysis and Risk Theory, showing how optional tools yield estimation results and ruin-probability bounds in gen
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