"RIV/61989100:27510/11:86079329" . . "978-80-248-2536-6" . . "173"^^ . . . "The publication is focused on a modern tool of financial modeling \u2013 L\u00E9vy processes and their applications in finance. L\u00E9vy process is any continuous-time process that starts at zero, can consists of jumps (although, it is cadlag) and corresponds to infinitely divisible probability distribution. It follows that such group of processes is very broad. In finance, however, a special attention is paid to L\u00E9vy processes defined in terms of subordinated Brownian motions. Such kind of processes allows one to fit also the higher moments of the empirical distribution of financial assets (log)-returns, skewness and kurtosis in particular. The book is divided into four parts. The first part of the book provides the reader with the basic theoretical background, while some specialties were moved to appendices. Other three parts focus on different applications of L\u00E9vy models in finance." . . "[84E1EF7D4EC2]" . "The publication is focused on a modern tool of financial modeling \u2013 L\u00E9vy processes and their applications in finance. L\u00E9vy process is any continuous-time process that starts at zero, can consists of jumps (although, it is cadlag) and corresponds to infinitely divisible probability distribution. It follows that such group of processes is very broad. In finance, however, a special attention is paid to L\u00E9vy processes defined in terms of subordinated Brownian motions. Such kind of processes allows one to fit also the higher moments of the empirical distribution of financial assets (log)-returns, skewness and kurtosis in particular. The book is divided into four parts. The first part of the book provides the reader with the basic theoretical background, while some specialties were moved to appendices. Other three parts focus on different applications of L\u00E9vy models in finance."@en . "L\u00E9vy Processes in Finance: Selected applications with theoretical backround"@en . "RIV/61989100:27510/11:86079329!RIV12-MSM-27510___" . . "L\u00E9vy Processes in Finance: Selected applications with theoretical backround" . "27510" . "L\u00E9vy Processes in Finance: Selected applications with theoretical backround" . "SAEI, Volume 9" . "Vysok\u00E1 \u0161kola b\u00E1\u0148sk\u00E1 - Technick\u00E1 univerzita Ostrava" . "209433" . . "Ostrava" . . "L\u00E9vy Processes in Finance: Selected applications with theoretical backround"@en . "173"^^ . "1"^^ . . . . "1"^^ . "L\u00E9vy process, application in finance, subordinated Brownian motion"@en . . . . "S" . "Tich\u00FD, Tom\u00E1\u0161" . . "L\u00E9vy Processes in Finance: Selected applications with theoretical backround" .