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The Mathematics of Arbitrage
Paperback
Series: Springer Finance
Investing & FinanceGeneral MathematicsProbability & Statistics
ISBN13: 9783642060304
Publisher: Springer
Published: Feb 12 2010
Pages: 371
Weight: 1.21
Height: 0.81 Width: 6.14 Depth: 9.21
Language: English
This book presents a rigorous mathematical treatment of the theory of pricing and hedging of derivative securities by the principle of no arbitrage. The first part presents a relatively elementary introduction, restricting itself to the case of finite probability spaces. The second part consists of an updated edition of seven original research papers by the authors, which analyzes the topic in the general framework of semi-martingale theory.
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