Thesiss

5 works - Thesiss.

"5" Result

In this thesis I explore three new topics in Dynamical Systems. In Chapters 2 and 3 I investigate the dynamics of a family of asynchronous linear systems. These systems are of interest as models for asynchronous processes in economics and computer science and as novel ways to so…

In this thesis we establish a relationship between the Potential Approach to interest rates and the Market Models. This relationship allows us to derive the dynamics of forward LIBOR rates and forward swap rates by modelling the state price density. It means that we are able to …

We first review recent work on stable and multistable random processes and their localisability. Then most of the thesis concerns a new approach to these topics based on characteristic functions. Our aim is to construct processes on R, which are α(x)-multistable, where the stabi…