Placeholder text

Go to cart

A Benchmark Approach to Quantitative Finance

By Eckhard Platen

Product Image: A Benchmark Approach to Quantitative Finance

A Benchmark Approach to Quantitative Finance

0 - Used - good
Description
The benchmark approach is a framework for financial market modeling that extends beyond standard risk neutral pricing theory. It permits a unified treatment of portfolio optimization, derivative pricing, integrated risk management and insurance risk modeling. The first part of this book describes the necessary tools from probability theory, statistics, stochastic calculus and the theory of stochastic differential equations with jumps. The second part is devoted to financial modeling under the benchmark approach, explaining various quantitative methods for the fair pricing and hedging of derivatives. It aims to be a self-contained, accessible but mathematically rigorous introduction to quantitative finance for readers having a reasonable mathematical or quantitative background. Finally, the book should stimulate interest in the benchmark approach by describing some of its power and wide applicability. A Benchmark Approach to Quantitative Finance is intended for a wide audience including quantitative analysts, postgraduate students and practitioners in finance, economics and insurance.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
716
Release Date:
2010-02-12
Publication Date:
2010-02-12
Publisher:
Springer
Languages:
Original: English
ISBN10:
3642065651
ISBN13:
9783642065651
GPSR Manufacturer Reference:
[email protected]
Weight:
1066 g
Height:
155 cm
Width:
235 cm
Thickness:
39 cm
Buy on Amazon
Currently sold out