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Stochastic Finance (English, Hans Föllmer | Alexander Schied)
de Gruyter

Stochastic Finance (English, Hans Föllmer | Alexander Schied)

By Hans Föllmer | Alexander Schiedde Gruyter
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Book Details

ISBN-139783110183467
ISBN-103110183463

Product Description

About the Book

This book is an introduction to financial mathematics. The first part of the book studies a simple one-period model which 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 risk. In the second part, the idea of dynamic hedging of contingent claims is developed in a multiperiod framework. S…

ISBN: 9783110183467

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