Stochastic Finance: An Introduction in Discrete Time
Hans Föllmer, Alexander Schied
This is the third, revised and extended edition of the classical introduction to the mathematics of finance, based on stochastic models in discrete time. In the first part of the book simple one-period models are studied, in the second part the idea of dynamic hedging of contingent claims is developed in a multiperiod framework. Due to the strong appeal and wide use of this book, it is now available as a textbook with exercises. It will be of value for a broad community of students and researchers. It may serve as basis for graduate courses and be also interesting for those who work in the financial industry and want to get an idea about the mathematical methods of risk assessment.
Категории:
Год:
2011
Издание:
3
Издательство:
De Gruyter
Язык:
english
Страницы:
544
ISBN 10:
3110218046
ISBN 13:
9783110218046
Серия:
de Gruyter Textbook
Файл:
PDF, 2.91 MB
IPFS:
,
english, 2011