Stochastic Finance

افزودن به بوکمارک اشتراک گذاری 0 دیدگاه کاربران 5 (0)

An Introduction in Discrete Time

مشارکت: عنوان و توضیح کوتاه هر کتاب را ترجمه کنید این ترجمه بعد از تایید با نام شما در سایت نمایش داده خواهد شد.

ترجمه این کتاب مشاهده همه کتاب های ترجمه نشده

Stochastic Finance

An Introduction in Discrete Time

This book is an introduction to financial mathematics. It is intended for graduate students in mathematics and for researchers working in academia and industry.
The focus on stochastic models in discrete time has two immediate benefits. First, the probabilistic machinery is simpler, and one can discuss right away some of the key problems in the theory of pricing and hedging of financial derivatives. Second, the paradigm of a complete financial market, where all derivatives admit a perfect hedge, becomes the exception rather than the rule. Thus, the need to confront the intrinsic risks arising from market incomleteness appears at a very early stage.
The first part of the book contains a study of a simple one-period model, which also serves as a building block for later developments. Topics include the characterization of arbitrage-free markets, preferences on asset profiles, an introduction to equilibrium analysis, and monetary measures of financial risk.
In the second part, the idea of dynamic hedging of contingent claims is developed in a multiperiod framework. Topics include martingale measures, pricing formulas for derivatives, American options, superhedging, and hedging strategies with minimal shortfall risk.
This fourth, newly revised edition contains more than one hundred exercises. It also includes material on risk measures and the related issue of model uncertainty, in particular a chapter on dynamic risk measures and sections on robust utility maximization and on efficient hedging with convex risk measures.

Contents:
Part I: Mathematical finance in one period
Arbitrage theory
Preferences
Optimality and equilibrium
Monetary measures of risk
Part II: Dynamic hedging
Dynamic arbitrage theory
American contingent claims
Superhedging
Efficient hedging
Hedging under constraints
Minimizing the hedging error
Dynamic risk measures

لغو

گزارش تخلف

مغایرت عنوان کتاب با توضیحات و تصویر جلد
عدم رعایت حقوق نشر طبق قوانین جمهوری اسلامی ایران
محتوای مستهجن
توهین به قومیتها و محتوای نژادپرستی
توهین به اقیلیتهای مذهبی
اهانت به مقامات سیاسی و مذهبی
اشاعه ی کودک آزاری
سایر موارد

بستن

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2016

نویسنده

Alexander Schied

ناشر

de Gruyter

شابک

9783110463460

20,000 تومان

خرید کتاب مطالعه نمونه درخواست ترجمه کتاب

خرید کتاب Stochastic Finance

Stochastic Finance

گزارش تخلف

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2016

نویسنده

ناشر

شابک

کتاب های مرتبط

Industrial Separation Processes

Indo-European Linguistics

Elements Of Partial Differential Equations (De Gruyter Textbook)

Algebra in the Stone-Cech Compactification

Single Variable Calculus

Linear and Semilinear Partial Differential Equations

Tensor Calculus

Functional Analysis

Probability and Statistics

Probability and Statistics

Medical Physics

Sustainable Process Engineering

Insect Morphology and Phylogeny

Flow Chemistry

Basic Process Engineering Control

Industrial Chemistry

Functional Materials

Nonlinear Programming

Elements of Partial Differential Equations

Non-Equilibrium Thermodynamics and Physical Kinetics

Dealing with Electronics

دیدگاه کاربران