The current volume presents four chapters touching on some of the most important and modern areas of research in Mathematical Finance: asset price bubbles (by P

The book gives a systematical presentation of stochastic approximation methods for discrete time Markov price processes. Advanced methods combining backward rec

This work, now in a thoroughly revised second edition, presents the economic foundations of financial markets theory from a mathematically rigorous standpoint a

This Gedenkschrift for Peter Carr, our dear friend and colleague who suddenly left us on March 1, 2022, was organized to honor the life and lasting contribution

Articles from many of the main contributors to recent progress in stochastic analysis are included in this volume, which provides a snapshot of the current stat