Selfsimilar Processes (English, Paul Embrechts)
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Book Details
Publisher
Princeton University Press
Language
English
ISBN-13
9780691096278
ISBN-10
0691096279
Author
Paul Embrechts
About the Book
The modeling of stochastic dependence is fundamental for understanding random systems evolving in time. When measured through linear correlation, many of these systems exhibit a slow correlation decay--a phenomenon often referred to as long-memory or long-range dependence. An example of this is the absolute returns of equity data in finance. Selfsimilar stochastic processes (particularly fractional Brownian motion) have long been postulated as a…
ISBN: 9780691096278
ISBN-13: 9780691096278
ISBN-10: 0691096279
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Product ID: isbn-9780691096278
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