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Risk-Neutral Valuation
- Pricing and Hedging of Financial Derivatives
Engelsk Hardback
Risk-Neutral Valuation
- Pricing and Hedging of Financial Derivatives
Engelsk Hardback

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Om denne bog

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.

Product detaljer
Sprog:
Engelsk
Sider:
438
ISBN-13:
9781852334581
Indbinding:
Hardback
Udgave:
ISBN-10:
1852334584
Udg. Dato:
16 jun 2004
Længde:
32mm
Bredde:
164mm
Højde:
244mm
Forlag:
Springer London Ltd
Oplagsdato:
16 jun 2004
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