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girs
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There are 4 letters in GIRS ( G2I1R1S1 )
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Definitions of girs in various dictionaries:
GIRS - In probability theory, the Girsanov theorem (named after Igor Vladimirovich Girsanov) describes how the dynamics of stochastic processes change when ...
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| Girs might refer to |
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| In probability theory, the Girsanov theorem (named after Igor Vladimirovich Girsanov) describes how the dynamics of stochastic processes change when the original measure is changed to an equivalent probability measure. The theorem is especially important in the theory of financial mathematics as it tells how to convert from the physical measure, which describes the probability that an underlying instrument (such as a share price or interest rate) will take a particular value or values, to the risk-neutral measure which is a very useful tool for pricing derivatives on the underlying instrument. |