Finance
Nonlinear Valuation and Non-Gaussian Risks in Finance (English, Dilip B. Madan | Wim Schoutens)
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Product Description
About the Book
What happens to risk as the economic horizon goes to zero and risk is seen as an exposure to a change in state that may occur instantaneously at any time? All activities that have been undertaken statically at a fixed finite horizon can now be reconsidered dynamically at a zero time horizon, with arrival rates at the core of the modeling. This book, aimed at practitioners and researchers in financial risk, delivers the theoretical framework and v…
ISBN: 9781316518090
Book Specifications
| ISBN-13 | 9781316518090 |
| ISBN-10 | 1316518094 |
| Publisher | Cambridge University Press |
| Category | Finance |
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