We exploit a general framework, a martingale approach method, to estimate the derivative price for different stochastic volatility models. This method is a very

It is now known that long memory stochastic volatility models can capture the well-documented evidence of volatility persistence. However, due to the complex st

Building upon the ideas introduced in their previous book, Derivatives in Financial Markets with Stochastic Volatility, the authors study the pricing and hedgin

Finance, Econometrics and System Dynamics presents an overview of the concepts and tools for analyzing complex systems in a wide range of fields. The text integ

Quantitative finance is a combination of economics, accounting, statistics, econometrics, mathematics, stochastic process, and computer science and technology.