{"product_id":"girsanov-numeraires-and-all-that-9781009339285","title":"Girsanov Numeraires and All That","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eIn 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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e1. Introduction; 2. Girsanov's theorem; 3. Arbitrage asset pricing in a nutshell; 4. Riskless bond numeraires and associated EMMs; 5. Change of numeraire in interest rate and FX models; 6. Incomplete markets.","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":51018621157719,"sku":"9781009339285","price":17.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781009339285.jpg?v=1750777551","url":"https:\/\/bookcurl.com\/products\/girsanov-numeraires-and-all-that-9781009339285","provider":"Book Curl","version":"1.0","type":"link"}