{"product_id":"stochastic-processes-from-brownian-motion-to-markets-9798196538056","title":"Stochastic Processes: From Brownian Motion to Markets","description":"\u003cp\u003e • Author(s): Min Heo\u003cbr\u003e • Publisher: Independently Published\u003cbr\u003e • Publisher Imprint: Independently Published\u003cbr\u003e • BISAC: Physics - General\u003c\/p\u003e\u003cp\u003eA compact, mathematically serious introduction to stochastic processes through probability, physics, computation, and finance. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eStochastic Processes: From Brownian Motion to Markets develops randomness as structure. Beginning with the simple one-dimensional random walk, the book builds toward Brownian motion, diffusion equations, Langevin dynamics, heavy-tailed models, option pricing, model risk, and computational validation. \u003cp\u003e\u003c\/p\u003eRather than presenting stochastic processes as a collection of formulas, this book emphasizes the modeling questions behind them: What is random? How does uncertainty evolve? What can be computed? And where does the model fail? \u003cp\u003e\u003c\/p\u003eReaders will learn how to: \u003cbr\u003e- derive random-walk distributions from path counting;\u003cbr\u003e- understand diffusion scaling and the Gaussian limit;\u003cbr\u003e- connect Brownian motion to the heat equation and Langevin dynamics;\u003cbr\u003e- recognize heavy tails, L�vy flights, and anomalous diffusion;\u003cbr\u003e- interpret Black-Scholes, risk-neutral valuation, and model failure;\u003cbr\u003e- use simulation projects to test and visualize stochastic models. \u003cp\u003e\u003c\/p\u003eWritten for students with calculus, basic probability, and algebra. This book is especially suited for readers interested in mathematical physics, quantitative finance, stochastic modeling, or computational approaches to uncertainty.","brand":"Independently Published","offers":[{"title":"Paperback","offer_id":47890801164439,"sku":"9798196538056","price":1247.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9798196538056.webp?v=1781181409","url":"https:\/\/atlanticbooks.com\/products\/stochastic-processes-from-brownian-motion-to-markets-9798196538056","provider":"Atlantic Books","version":"1.0","type":"link"}