for Kindle Fire, Apple, Android, Nook, Kobo, PC, Mac, BlackBerry ...

New to eBooks.com?

Learn more

Martingale Methods in Financial Modelling

Martingale Methods in Financial Modelling by Marek Musiela
Add to cart
US$ 109.00
In the 2nd edition, some sections of Part I are omitted for better readability, and a brand new chapter is devoted to volatility risk. As a consequence, hedging of plain-vanilla options and valuation of exotic options are no longer limited to the Black-Scholes framework with constant volatility. The theme of stochastic volatility also reappears systematically in the second part of the book, which has been revised fundamentally, presenting much more detailed analyses of the various interest-rate models available: the authors' perspective throughout is that the choice of a model should be based on the reality of how a particular sector of the financial market functions, never neglecting to examine liquid primary and derivative assets and identifying the sources of trading risk associated. This long-awaited new edition of an outstandingly successful, well-established book, concentrating on the most pertinent and widely accepted modelling approaches, provides the reader with a text focused on practical rather than theoretical aspects of financial modelling.
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG; January 2006
722 pages; ISBN 9783540266532
Read online, or download in secure PDF format
Title: Martingale Methods in Financial Modelling
Author: Marek Musiela; Marek Rutkowski
 
Buy, download and read Martingale Methods in Financial Modelling (eBook) by Marek Musiela; Marek Rutkowski today!
Subject categories
ISBNs
3540266534
9783540209669
9783540266532