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...

Full description

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