coffee break 7

I have a plan of the open lecture in which I explain the probability theory for Finance. The contents are similar to the one which has been held in last summer.

1.Basic concepts of probabilities
2.Elementary Lebesgue theory
3.Normal distributions and Brownian motions
4.Conditional expectations
5.Ito's calculus

The lecture will be given over a period of 12 hours. Because the time of the lecture is extended one hour, I will give some changes in the explanations.

Especially, in introducing two methods for solving Black-Scholes formula, I will explain how to use definitions and propositions of the probability theory.

If you are interested in, please join the seminar (← link) in Aug-Sept.