Financial Mathematics e-bog
656,09 DKK
(inkl. moms 820,11 DKK)
Finance Mathematics is devoted to financial markets both with discrete and continuous time, exploring how to make the transition from discrete to continuous time in option pricing. This book features a detailed dynamic model of financial markets with discrete time, for application in real-world environments, along with Martingale measures and martingale criterion and the proven absence of arb...
E-bog
656,09 DKK
Forlag
ISTE Press - Elsevier
Udgivet
1 februar 2016
Længde
194 sider
Genrer
PBUD
Sprog
English
Format
epub
Beskyttelse
LCP
ISBN
9780081004883
Finance Mathematics is devoted to financial markets both with discrete and continuous time, exploring how to make the transition from discrete to continuous time in option pricing. This book features a detailed dynamic model of financial markets with discrete time, for application in real-world environments, along with Martingale measures and martingale criterion and the proven absence of arbitrage. With a focus on portfolio optimization, fair pricing, investment risk, and self-finance, the authors provide numerical methods for solutions and practical financial models, enabling you to solve problems both from mathematical and from financial point of view. Calculations of Lower and upper prices, featuring practical examples The simplest functional limit theorem proved for transition from discrete to continuous time Learn how to optimize portfolio in the presence of risk factors