Carte Risk-Neutral Valuation Nicholas H. Bingham

Risk-Neutral Valuation

Pricing and Hedging of Financial Derivatives

Limbă: engleză
Legare: Copertă tare
Disponibilitate: În depozitul extern
Expediem în 10-13 zile
486.66 lei
This second edition - completely up to date with new exercises - provides a comprehensive and self-c...

Informații despre carte

Limbă
engleză
Legare
Carte - Copertă tare
Publicat
2004
Pagini
438
EAN
9781852334581
ISBN
1852334584
Enbook ID
01435241
Greutate
820
Dimensiuni
164 x 244 x 32

Descriere completă

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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