Stochastic control is a mathematical framework used to optimise decision-making in systems influenced by randomness, with widespread applications across economics, engineering, and finance. In the ...

Studies mathematical theories and techniques for modeling financial markets. Specific topics include the binomial model, risk neutral pricing, stochastic calculus, connection to partial differential ...

This is a preview. Log in through your library . Abstract In this paper, we introduce a Wasserstein-type distance on the set of the probability distributions of strong solutions to stochastic ...