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Applied Diffusion Processes from Engineering to Finance

Applied Diffusion Processes from Engineering to Finance

Applied Diffusion Processes from Engineering to Finance Hardback - 2013 - 1st Edition

by Jacques Janssen

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Details

  • Title Applied Diffusion Processes from Engineering to Finance
  • Author Jacques Janssen
  • Binding Hardback
  • Edition number 1st
  • Edition 1
  • Condition New
  • Pages 416
  • Volumes 1
  • Language ENG
  • Publisher Wiley-Iste
  • Publication date 2013-03-11
  • Features Bibliography, Index, Table of Contents
  • Bookseller's Inventory # ria9781848212497_inp
  • ISBN 9781848212497 / 1848212496
  • Weight 1.6 lbs (0.73 kg)
  • Dimensions 9.4 x 6.1 x 1 in (23.88 x 15.49 x 2.54 cm)
  • Category Mathematics
  • Quantity available 549

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Reader reviews for Applied Diffusion Processes from Engineering to Finance

From the publisher

The aim of this book is to promote interaction between engineering, finance and insurance, as these three domains have many models and methods of solution in common for solving real-life problems. The authors point out the strict inter-relations that exist among the diffusion models used in engineering, finance and insurance. In each of the three fields, the basic diffusion models are presented and their strong similarities are discussed. Analytical, numerical and Monte Carlo simulation methods are explained with a view to applying them to obtain the solutions to the different problems presented in the book. Advanced topics such as nonlinear problems, Lvy processes and semi-Markov models in interactions with the diffusion models are discussed, as well as possible future interactions among engineering, finance and insurance.

About the author

Jacques Janssen is now Honorary Professor at the Solvay Business School (ULB) in Brussels, Belgium, having previously taught at EURIA (Euro-Institut d'Actuariat, University of West Brittany, Brest, France) and Tlcom-Bretagne (Brest, France) as well as being a director of Jacan Insurance and Finance Services, a consultancy and training company.

Oronzio Manca is Professor of thermal sciences at Seconda Universit degli Studi di Napoli in Italy. He is currently Associate Editor of ASME Journal of Heat Transfer and Journal of Porous Media and a member of the editorial advisory boards for The Open Thermodynamics Journal, Advances in Mechanical Engineering, The Open Fuels & Energy Science Journal.

Raimondo Manca is Professor of mathematical methods applied to economics, finance and actuarial science at University of Rome "La Sapienza" in Italy. He is associate editor for the journal Methodology and Computing in Applied Probability. His main research interests are multidimensional linear algebra, computational probability, application of stochastic processes to economics, finance and insurance and simulation models.

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