Mathematics of Financial Markets

Robert J Elliott,P. Ekkehard Kopp

Mathematics of Financial Markets
Format
Paperback
Publisher
Springer-Verlag New York Inc.
Country
United States
Published
25 November 2010
Pages
354
ISBN
9781441919427

Mathematics of Financial Markets

Robert J Elliott,P. Ekkehard Kopp

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This book presents the mathematics that underpins pricing models for derivative securities in modern financial markets, such as options, futures and swaps. This new edition adds substantial material from current areas of active research, such as coherent risk measures with applications to hedging, the arbitrage interval for incomplete discrete-time markets, and risk and return and sensitivity analysis for the Black-Scholes model.

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