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The Mathematics of Arbitrage (Springer Finance)
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ISBN
:
9783540219927
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Publisher
:
Springer
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Subject
:
Economics, Finance & Accounting, Mathematics
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Binding
:
HARDCOVER
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Pages
:
387
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Year
:
2008
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11941.0
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Description
Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history ofmodern mathematical finance and now forms the cornerstone of this book. Puts into book format a series of major results due mostly to the authors of this book. Embeds highest-level research results into a treatment amenable to graduate students, with introductory, explanatory background. Awaited in the quantitative finance community.
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