Operators and Boundary Problems in Finance, Economics and Insurance: Peculiarities, Efficient Methods and Outstanding Problems
The price <i>V</i> of a contingent claim in finance, insurance and economics is defined as an expectation of a stochastic expression. If the underlying uncertainty is modeled as a strong Markov process <i>X</i>, the Feynman–Kac theorem suggests that <i>V</i> is th...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-03-01
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| Series: | Mathematics |
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| Online Access: | https://www.mdpi.com/2227-7390/10/7/1028 |