Financial Markets in Continuous Time
Download or Read eBook Financial Markets in Continuous Time PDF written by Rose-Anne Dana and published by Springer Science & Business Media. This book was released on 2007-07-12 with total page 331 pages. Available in PDF, EPUB and Kindle.
| Author | : Rose-Anne Dana |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 331 |
| Release | : 2007-07-12 |
| ISBN-10 | : 9783540711490 |
| ISBN-13 | : 354071149X |
| Rating | : 4/5 (90 Downloads) |
Book Synopsis Financial Markets in Continuous Time by : Rose-Anne Dana
Book excerpt: This book explains key financial concepts, mathematical tools and theories of mathematical finance. It is organized in four parts. The first brings together a number of results from discrete-time models. The second develops stochastic continuous-time models for the valuation of financial assets (the Black-Scholes formula and its extensions), for optimal portfolio and consumption choice, and for obtaining the yield curve and pricing interest rate products. The third part recalls some concepts and results of equilibrium theory and applies this in financial markets. The last part tackles market incompleteness and the valuation of exotic options.
