Interest Rate Models: an Infinite Dimensional Stochastic Analysis Perspective (Springer Finance)

by ReneA.Carmona (Author), M . R . Tehranchi (Author)

• New

  Hardcover
  2006

  $126.60

  This book presents the mathematical issues that arise in modeling the interest rate term structure by casting the interest-rate models as stochastic evolution equations in infinite dimensions. The text includes a crash course on interest rates, a self-contained introduction to infinite dimensional stochastic analysis, and recent results in interest rate theory. From the reviews: A wonderful book. The authors present some cutting-edge math. --WWW.RISKBOOK.COM