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Basic Stochastic Processes


This book fulfils its aim of providing good and interesting material for advanced undergraduate study. This is probably one of the best books to begin learning about the sometimes complex topic of stochastic calculus and stochastic processes from a more mathematical approach. Some literature are often accused of unnecessarily complicating the subject when applied to areas of finance. With this book you are allowed to explore the rigorous side of stochastic calculus, yet main.

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Tags: stochastic, calculus, complicating, subject, unnecessarily, Basic, Processes, Stochastic