Stochastic calculus finds so extensive applications and enables us to analyze various phenomena affected by random factors, such as asset price movements, option pricing, risk assessment, and geopolitical or climate risks. Moreover, stochastic calculus's effectiveness extends beyond finance, with its use in physics, biology, engineering, and economics, where it helps describe and analyze systems influenced by random events.
Nanyang Technological University, Singapore
University of Paris-Saclay, France
Imperial College London, United Kingdom
American University of Sharjah, UAE
