The impact of Kiyoshi Itô´s stochastic calculus of financial economics
We discuss the direct or indirect incorporation into financial economics of Kiyoshi Itô´s work on stochastic calculus, particularly the Itô formula, the relevance of his findings for option pricing theory and the way his work has been used to find a unique option pricing function in a competitive an...
- Autores:
-
Ruge-Leiva, Diego Iván
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2016
- Institución:
- Universidad Externado de Colombia
- Repositorio:
- Biblioteca Digital Universidad Externado de Colombia
- Idioma:
- spa
- OAI Identifier:
- oai:bdigital.uexternado.edu.co:001/7576
- Acceso en línea:
- https://bdigital.uexternado.edu.co/handle/001/7576
https://doi.org/10.18601/17941113.n10.07
- Palabra clave:
- Stochastic Dynamic Equations
Contingent Claim
Pure Securities
Econophysics
- Rights
- openAccess
- License
- http://purl.org/coar/access_right/c_abf2