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Backward stochastic differential equations with jumps can be used to solve problems in both finance and insurance. Part I of this book presents the theory of BSDEs with Lipschitz generators driven by a Brownian motion and a compensated random measure, with an emphasis on those generated by step processes and Lévy processes. It discusses key results and techniques (including numerical algorith…
Perpustakaan memiliki jld 2.
No Inv.: 77020/S/01/1c
Using renewable fuels and materials, drinking clean water and food, and breathing safe air are major issues for a sustainable world. This book reviews biodiesel production from microalgae, a promising energy source that does not compete with food production. Several advanced techniques to clean polluted waters, such as electrochemistry, ferrites photocatalysis and low-cost filtration are presen…
This book provides an introduction to the mathematical modelling of real world financial markets and the rational pricing of derivatives, which is part of the theory that not only underpins modern financial practice but is a thriving area of mathematical research. The central theme is the question of how to find a fair price for a derivative; defined to be a price at which it is not possible fo…