<abstract xml:lang="en" xmlns="http://www.w3.org/1999/xhtml"><p>This article gives an elementary introduction to stochastic finance (in discrete time). A formalization of random variables is given and some elements of Borel sets are considered. Furthermore, special functions (for buying a present portfolio and the value of a portfolio in the future) and some statements about the relation between these functions are introduced. For details see: [8] (p. 185), [7] (pp. 12, 20), [6] (pp. 3-6).</p></abstract>

This article gives an elementary introduction to stochastic finance (in discrete time). A formalization of random variables is given and some elements of Borel sets are considered. Furthermore, special functions (for buying a present portfolio and the value of a portfolio in the future) and some statements about the relation between these functions are introduced. For details see: [8] (p. 185), [7] (pp. 12, 20), [6] (pp. 3-6).

Elementary Introduction to Stochastic Finance in Discrete Time

Ludwig Maximilians University of Munich, Germany

Formalized Mathematics

{"article-title":"Elementary Introduction to Stochastic Finance in Discrete Time"}

This article gives an elementary introduction to stochastic finance (in discrete time). A formalization of random variables is given and some elements of Borel...

Elementary Introduction to Stochastic Finance in Discrete Time

Published Online: Sep 12, 2012

Page range: 1 - 5

DOI: https://doi.org/10.2478/v10037-012-0001-5

This content is open access.