Kniha Risk-Neutral Valuation Nicholas H. Bingham

Risk-Neutral Valuation

Pricing and Hedging of Financial Derivatives

Jazyk: Angličtina
Vazba: Pevná
Vydavatel: Springer London Ltd
Dostupnost: Skladem u dodavatele v malém množství
Odesíláme za 11-15 dnů
2 338
This second edition - completely up to date with new exercises - provides a comprehensive and self-c...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
2004
Stránek
438
EAN
9781852334581
ISBN
1852334584
Enbook ID
01435241
Hmotnost
820
Rozměry
164 x 244 x 32

Kompletní popis

This second edition - completely up to date with new exercises - provides a comprehensive and self-contained treatment of the probabilistic theory behind the risk-neutral valuation principle and its application to the pricing and hedging of financial derivatives. On the probabilistic side, both discrete- and continuous-time stochastic processes are treated, with special emphasis on martingale theory, stochastic integration and change-of-measure techniques. Based on firm probabilistic foundations, general properties of discrete- and continuous-time financial market models are discussed.

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