CONTENTS: 1.Introduction; 2.Financial market; 3.Securities; 4.Forwards, futures and options; 5.Financial mathematics of discrete models; 6.Financial mathematics of continuous models; 7.Term structure modeling; 8.Construction and pricing of exotic derivatives; 9.Statistics of financial markets;...

CONTENTS: Preliminary remarks; Brownian motion, poisson process, alpha-stable Levy motion; Computer simulation of alpha-stable random variables; Stochastic integration; Spectral representations of stationary processes; Computer approximations of continuous time processes; Examples of...

CONTENTS: 1.Introduction; 2.Financial market; 3.Electricity market; 4.Power exchange; 5.Forwards, futures and options; 6.Risk management; 7.Software (SPIS TRESCI: 1.Wprowadzenie; 2.Rynek finansowy; 3.Rynek energii elektrycznej; 4.Gielda energii elektrycznej; 5.Kontrakty terminowe; 6.Zarzadzanie...

The book is divided into four chapters. The first one introduces the structure of deregulated, competitive electricity markets with the power pools and power exchanges as the basic marketplaces for price discovery. Chapter 2 reviews the so-called stylized facts of selected power markets. In...

The book can be classified as a work from a new quickly developing domain of applied and computational mathematics called numerical probability or computational stochastics. Authors present new computer methods of construction and investigation of various stochastic models describing problems...

This monograph is based on methods and numerical tools from such fields as theory of stochastic differential equations (SDEs), stochastic modeling in computational physics, engineering and mathematical finance, statistical estimation methods, and Monte-Carlo type approximations.

Statistical Tools for Finance and Insurance presents ready-to-use solutions, theoretical developments and method construction for many practical problems in quantitative finance and insurance. Written by practitioners and leading academics in the field, this book offers a unique combination of...

Statistical Tools for Finance and Insurance presents ready-to-use solutions, theoretical developments and method construction for many practical problems in quantitative finance and insurance. Written by practitioners and leading academics in the field this book offers a unique combination of...

CONTENTS: 1. Methodology; 2. Strategic Analysis (Foresight, SWOT); 3. Forecast for the Power Sector in Lower Silesia for the period 2010-2020; 4. Mission and Strategic Goals; 5. Action Programs.