Introduction to Numerical Simulation of Stochastic Differential Equations by Using R Software and its FinantialApplication

Stochastic differential equation (SDE) models play a prominent role in a range of applicationareas, including biology, chemistry, economics, and finance. In this paper, we will introducenumerical methods for stochastic differential equations and simulate them with R saftware.

Keywords:

Stochastic process , Stochastic differential equation (SDE) , R software , Stochastic simulation