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Girsanov, Numeraires, and All That

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In Stock (337)

£ 21.60

Description

In this Element the authors review the technique of the change of numeraire in the martingale approach to option pricing. Their intention is to present a reader friendly explanation of the technique itself, and illustrate how it is applied in various fields of quantitative finance as the basis for building option valuation models.

Book Details
EAN:
9781009339285
Binding:
Paperback / softback
Dimensions(mm):
152 x 228 x 10
Publication Date:
2022-11-17
Publication Country:
United Kingdom