Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Introduction to Option Pricing Theory

Introduction to Option Pricing Theory

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780817641085
Condition
New
Product Description

Since the appearance of seminal works by R. Merton, and F. Black and M. Scholes, stochastic processes have assumed an increasingly important role in the development of the mathematical theory of finance. This work examines, in some detail, that part of stochastic finance pertaining to option pricing theory. Thus the exposition is confined to areas of stochastic finance that are relevant to the theory, omitting such topics as futures and term-structure. This self-contained work begins with five introductory chapters on stochastic analysis, making it accessible to readers with little or no prior knowledge of stochastic processes or stochastic analysis. These chapters cover the essentials of Ito's theory of stochastic integration, integration with respect to semimartingales, Girsanov's Theorem, and a brief introduction to stochastic differential equations. Subsequent chapters treat more specialized topics, including option pricing in discrete time, continuous time trading, arbitrage, complete markets, European options (Black and Scholes Theory), American options, Russian options, discrete approximations, and asset pricing with stochastic volatility. In several chapters, new results are presented. A unique feature of the book is its emphasis on arbitrage, in particular, the relationship between arbitrage and equivalent martingale measures (EMM), and the derivation of necessary and sufficient conditions for no arbitrage (NA). {\it Introduction to Option Pricing Theory} is intended for students and researchers in statistics, applied mathematics, business, or economics, who have a background in measure theory and have completed probability theory at the intermediate level. The work lends itself to self-study, as well as to a one-semester course at the graduate level.

Available Colors
Available Sizes
1 Offer Price Range: $84.99 - $84.99
BEST PRICE

Single Product Purchase

$84.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$84.99 $84.99

$84.99
See Site In stock Visit Store

Similar Products

Techniques and Concepts of High-Energy Physics VII

$39.99

Reasonably Simple Economics

$44.99

Remittances as Social Practices and Agents of Change

$59.99

Seamless Learning

$139.00

Anaerobic Digestion

$199.99

Regionale plastische und rekonstruktive Chirurgie im Kindesalter

$59.99

Plurilingual Pedagogies

$139.00

Differential Diagnosis in Pediatrics

$74.99

ber das Nebensprechen in kombinierten Fernsprechkreisen

$54.99

Das Kleine Drosophila-Praktikum

$59.99

Beyond Kyoto - A New Global Climate Certificate System

$129.00

Clinical Informatics Board Review and Self Assessment

$109.99

Christdemokratische Parteien und die Europische Integration

$39.99

Hypertext und Hypermedia 1992

$69.99

Die Bewertung von Patentrechten

$49.99

Last Gate of the Emperor (Hardcover)

$13.49

Biology of the Vespine Wasps

$109.99

Anleitung zu den Physiologischen bungen

$59.99

Generating Plans from Proofs

$54.99

Molecular Mechanisms of Xeroderma Pigmentosum

$169.00

Wegweiser im Depotgeschft

$59.99

Atlas of Interventional EUS

$119.99

Oestrogene Hypophysentumoren

$79.99

Phytocannabinoids

$299.00

Legal Instruments for Sustainable Soil Management in Africa

$84.99

Information Technology and Systems

$219.99

Die kulturelle und knstlerische Hellenisierung der Ksten des Mittelmeers durch die Stadt Phokaia

$59.99

Normbezge und alternative statistische Verfahren im Kontext Sport und Gesundheit

$17.99

Speditionelle Transportdisposition

$69.99

The Golden Fleece

$7.46

Nutrition and Bone Health

$169.99

3D-Bildsegmentierung mittels statistischer Formmodelle

$64.99

Dynamics of Machinery

$149.00

I Can, We Can

$3.71

Biologie der Sinne

$29.99

Islands in Maritime Disputes: Greek Turkish Energy Geo-politics

$109.99

The Brand Strategist's Guide to Desire

$44.99

A Dog's Purpose-Puppy Tales: Lily's Story

$5.99

Progress in Radiopharmacy

$219.99

Nonlinear Modeling of Solar Radiation and Wind Speed Time Series

$54.99