A practical and accessible introduction to numerical methods for stochastic differential equations is given. The reader is assumed to be familiar with Euler's method for deterministic differential ...

Affine processes provide a versatile framework for modelling complex financial phenomena, ranging from interest rate dynamics to credit risk and beyond. Their defining characteristic is the affine, or ...

The Kardar-Parisi-Zhang (KPZ) universality class provides a unifying framework for understanding the evolution of fluctuating interfaces and non-equilibrium phenomena. Stochastic processes governed by ...