Malliavin Calculus for Lévy Processes with Applications to Finance / Edition 1

Besides, forward integration is included and indeed extended to general Lévy processes. The forward integration is a recent development within anticipative shastic calculus that, together with the Malliavin calculus, provides new methods for the study of insider trading problems. To allow more flexibility in the treatment of the mathematical tools, the generalization of Malliavin calculus to the white noise framework is also discussed. This book is a valuable resource for graduate students, lecturers in shastic analysis and applied researchers.