Overview
- The authors provide a toolbox from stochastic analysis and provide an intuitive feeling of the power of the available techniques through various examples *
- For the first time, change of numiraire techniques are covered in book form *
- The authors emphasise the importance of the "best" numiraire for pricing problems in the framework of risk-neutral pricing
Part of the book series: Springer Finance (FINANCE)
Part of the book sub series: Springer Finance Textbooks (SFTEXT)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (11 chapters)
-
Front Matter
-
Back Matter
Keywords
About this book
Written by Nick Bingham, Chairman and Professor of Statistics at Birkbeck College, and Rüdiger Kiesel, an "up-and-coming" academic, Risk Neutrality will benefit the Springer Finance Series in many ways. It provides a valuable introduction to Mathematical Finance for Graduate Students, and also comprehensive coverage of Financial subjects which should also stimulate practitioners of the subject. Based on a graduate course given to practitioners of Finance, the book identifies a clear gap in the market of Mathematical Finance. The authors approach is simple and designed to accommodate a wide audience. Springer Finance is a new programme of books aimed at students, academics and practitioners working on increasingly technical approaches to the analysis of financial markets. It aims to cover a
Authors and Affiliations
Bibliographic Information
Book Title: Risk-Neutral Valuation
Book Subtitle: Pricing and Hedging of Financial Derivatives
Authors: Nicholas H. Bingham, Rüdiger Kiesel
Series Title: Springer Finance
DOI: https://doi.org/10.1007/978-1-4471-3619-4
Publisher: Springer London
-
eBook Packages: Springer Book Archive
Copyright Information: Springer-Verlag London 1998
eBook ISBN: 978-1-4471-3619-4Published: 29 June 2013
Series ISSN: 1616-0533
Series E-ISSN: 2195-0687
Edition Number: 1
Number of Pages: XIV, 296
Number of Illustrations: 1 b/w illustrations
Topics: Quantitative Finance, Finance, general, Probability Theory and Stochastic Processes