Option Pricing And Portfolio Optimization. Modern Methods Of Financial Mathematics

Par : Elke Korn, Ralf Korn

Formats :

  • Réservation en ligne avec paiement en magasin :
    • Indisponible pour réserver et payer en magasin
  • Nombre de pages260
  • PrésentationRelié
  • Poids0.7 kg
  • Dimensions18,5 cm × 26,5 cm × 1,8 cm
  • ISBN0-8218-2123-7
  • EAN9780821821237
  • Date de parution29/03/2001
  • CollectionGraduate Studies in Mathemati
  • ÉditeurAmerican Mathematical Society

Résumé

This text covers the typical problems of continuous-time financial mathematics such as option pricing (in particular the Black-Scholes formula and corresponding variants) and portfolio optimization (determination of optimal investment strategies). Further, a separate chapter deals with exotic options and numerical methods. The required mathematical tools which include Brownian motion, Itô calculus, and stochastic control theory will be presented in self-contained excursions. The book is suitable as the basis of a course on financial mathematics building up on a basic course in probability.
This text covers the typical problems of continuous-time financial mathematics such as option pricing (in particular the Black-Scholes formula and corresponding variants) and portfolio optimization (determination of optimal investment strategies). Further, a separate chapter deals with exotic options and numerical methods. The required mathematical tools which include Brownian motion, Itô calculus, and stochastic control theory will be presented in self-contained excursions. The book is suitable as the basis of a course on financial mathematics building up on a basic course in probability.