We apply the general theory of stochastic integration to identify a martingale associated with a Lévy process modified by the addition of a secondary process of bounded variation on every finite ...

This course is compulsory on the BSc in Actuarial Science and BSc in Financial Mathematics and Statistics. This course is available on the BSc in Business Mathematics and Statistics, BSc in ...

Lean Energy Management—10: How Martingale stochastic control navigates computer-aided lean energy management The complex interactions of the financial, logistical, and geological processes that are ...

We give a simple representation of two-parameter martingales in terms of a stochastic integral. This representation leads to the idea of the partial derivate of a martingale and to a generalization of ...

Stochastic processes provide a probabilistic framework to model the time-evolving uncertainty intrinsic to financial markets. By characterising random movements such as asset prices, interest rates ...

This course is compulsory on the BSc in Actuarial Science. This course is available on the BSc in Business Mathematics and Statistics, BSc in Financial Mathematics and Statistics, BSc in Mathematics ...