Contemporary finance and actuarial calculations have become so mathematically complex that a rigorous exposition is required for an accurate and complete presentation. This volume delivers just that. It gives a comprehensive and up-to-date methodology for financial pricing and modelling. Also included are special cases useful for practical applications. Beyond the traditional areas of hedging and investment on complete markets (the Black-Scholes and Cox-Ross-Rubinstein models), the book includes topics that are not currently available in monograph form, such as incomplete markets, markets with constraints, imperfect forms of hedging, and the convergence of calculations in finance and insurance. The book is geared toward specialists in finance and actuarial mathematics, practitioners in the financial and insurance business, students, and post-docs in corresponding areas of study. Readers should have a foundation in probability theory, random processes, and mathematical statistics.
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Vendeur : Munster & Company LLC, ABAA/ILAB, Corvallis, OR, Etats-Unis
Etat : Good. American Mathematical Society, 2002. Bottom corners very lightly bumped; a few shallow scratches on front and back covers; previous owner's bookplate on front endpaper; cover, edges, and interior intact and exceptionally clean; near pristine condition. hardcover. Good. 4to - over 9¾" - 12" tall. N° de réf. du vendeur 589455
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Vendeur : Stephen White Books, Bradford, Royaume-Uni
Hardcover. Etat : Good. Ex-library book, usual markings. Clean copy in good condition. Quick dispatch from UK seller. N° de réf. du vendeur mon0000135198
Quantité disponible : 1 disponible(s)