Fractional calculus and fractional processes with applications to financial economics theory and application / Hasan A. Fallahgoul, Sergio M. Focardi, Frank J. Fabozzi.

Author/creator Fallahgoul, Hasan A.
Other author Focardi, Sergio M.
Other author Fabozzi, Frank J.
Format Electronic
Publication InfoAmsterdam ; Boston : Elsevier/AP, Academic Press is an imprint of Elsevier, [2017]
Descriptionx, 105 pages : illustrations ; 24 cm
Supplemental ContentFull text available from eBook - Mathematics 2017 [EBCM17]
Subjects

Contents Fractional Calculus and Fractional Processes with Applications to Financial Economics: Theory and Application; Copyright; Dedication ; About the Authors; Contents; List of illustrations; Part I Theory; 1 Fractional calculus and fractional processes: an overview; 1.1 Fractional calculus; 1.2 Fractional processes; 2 Fractional Calculus; 2.1 Different definitions for fractional derivatives; 2.2 Computation with Matlab; Key points of the chapter ; 3 Fractional Brownian Motion; 3.1 Definition; 3.2 Long-Range Dependency; 3.3 Self-Similarity; 3.4 Existence of Arbitrage
Contents Key points of the chapter 4 Fractional Diffusion and Heavy Tail Distributions: Stable Distribution; 4.1 Univariate Stable Distribution; 4.2 Multivariate Stable Distribution; Key points of the chapter ; 5 Fractional Diffusion and Heavy Tail Distributions: Geo-Stable Distribution; 5.1 Univariate Geo-stable Distribution; 5.2 Multivariate Geo-stable Distribution; Key points of the chapter ; Part II Applications; 6 Fractional Partial Differential Equation and Option Pricing; 6.1 Option Pricing and Brownian Motion; 6.2 Option Pricing and the Lévy Process; Key points of the chapter
Contents 7 Continuous-Time Random Walk and Fractional Calculus7.1 Continuous-Time Random Walk; 7.2 Fractional Calculus and Probability Density Function; 7.3 Applications; Key points of the chapter ; 8 Applications of Fractional Processes; 8.1 Fractionally Integrated Time Series; 8.2 Stock-Returns and Volatility Processes; 8.3 Interest-Rate Processes; 8.4 Order Arrival Processes; Key points of the chapter ; References; Index ; Back Cover
Bibliography noteIncludes bibliographical references (pages 97-101) and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2016499978
ISBN9780128042489
ISBN0128042486

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