Description

This book is taken from the lectures given at the ENSAE in March 1998 and at the Scuola Normale Superiore in May 1998. At the beginning of the 70's, the set of mathematical methods of finance were reduced to actuarial calculus. The modern approach uses the stochastic calculus theory and evidences the duality between problems of arbitrage and valorisation and a set of martingale probabilities.

Imperfections de marchés et méthodes d'evaluation et couverture d'options

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This book is taken from the lectures given at the ENSAE in March 1998 and at the Scuola Normale Superiore... Read more

    Publisher: Birkhauser Verlag AG
    Publication Date: 01/10/1998
    ISBN13: 9788876422911, 978-8876422911
    ISBN10: 8876422919

    Number of Pages: 121

    Non Fiction , Mathematics & Science , Education

    Description

    This book is taken from the lectures given at the ENSAE in March 1998 and at the Scuola Normale Superiore in May 1998. At the beginning of the 70's, the set of mathematical methods of finance were reduced to actuarial calculus. The modern approach uses the stochastic calculus theory and evidences the duality between problems of arbitrage and valorisation and a set of martingale probabilities.

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