A stochastic integral arising in discounting continuous cash flows and certain transformed characteristic functions (Q1588777): Difference between revisions

The authors offer, based on sixteen references, ten of them (co)written by the first author, among others a statement of equivalence of an equation in distribution between a stochastic process and its (stationary independent) increments and of relations between their characteristic functions under certain, mainly continuity, assumptions. A possible application to discounting continuous cash flows (determining the economic value of a company) is also mentioned. [Note: The reference (3.7) between equations (3.8) and (3.9) should probably be (3.8)].