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A Benchmark Approach to Quantitative Finance (Springer Finance) 4.0%OFF

A Benchmark Approach to Quantitative Finance (Springer Finance)

by Eckhard Platen and David Heath

  • ISBN

    :  

    9783540262121

  • Publisher

    :  

    Springer

  • Subject

    :  

    Economics, Finance & Accounting, Mathematics

  • Binding

    :  

    HARDCOVER

  • Pages

    :  

    716

  • Year

    :  

    2009

9382.0

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9006.0

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  • Description

    A framework for financial market modeling, the benchmark approach extends beyond standard risk neutral pricing theory. It permits a unified treatment of portfolio optimization, derivative pricing, integrated risk management and insurance risk modeling. This book presents the necessary mathematical tools, followed by a thorough introduction to financial modeling under the benchmark approach, explaining various quantitative methods for the fair pricing and hedging of derivatives.

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