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…
This self-contained, comprehensive book tackles the principal problems and advanced questions of probability theory and random processes in 22 chapters, presented in a logical order but also suitable for dipping into. They include both classical and more recent results, such as large deviations theory, factorization identities, information theory, stochastic recursive sequences. The book is fur…
Real Analysis: Measures, Integrals and Applications is devoted to the basics of integration theory and its related topics. The main emphasis is made on the properties of the Lebesgue integral and various applications both classical and those rarely covered in literature. This book provides a detailed introduction to Lebesgue measure and integration as well as the classical results concerning i…
Risk has been described in the past by a simple measure, such as the variance, and risk attitude is often considered simply a degree of risk aversion. However, this viewpoint is usually not sufficient. Risk Measures and Attitudes collects contributions which illustrate how modern approaches to both risk measures and risk attitudes are inevitably intertwined. The settings under which this is dis…
This volume is the result of two international workshops; Infinite Analysis 11 – Frontier of Integrability – held at University of Tokyo, Japan in July 25th to 29th, 2011, and Symmetries, Integrable Systems and Representations held at Université Claude Bernard Lyon 1, France in December 13th to 16th, 2011. Included are research articles based on the talks presented at the workshops, lates…
The quantum and relativity theories of physics are considered to underpin all of science in an absolute sense. This monograph argues against this proposition primarily on the basis of the two theories' incompatibility and of some untenable philosophical implications of the quantum model. Elementary matter is assumed in both theories to occur as zero-dimensional point particles. In relativity th…
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Dirk van Dalen’s biography studies the fascinating life of the famous Dutch mathematician and philosopher Luitzen Egbertus Jan Brouwer. Brouwer belonged to a special class of genius; complex and often controversial and gifted with a deep intuition, he had an unparalleled access to the secrets and intricacies of mathematics. Most mathematicians remember L.E.J. Brouwer from his scientific break…
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