 |
|
|
Item Details
| Title:
|
THE INTERVAL MARKET MODEL IN MATHEMATICAL FINANCE
GAME-THEORETIC METHODS |
| By: |
Jean-Pierre Aubin, Pierre Bernhard, Jacob Engwerda |
| Format: |
Hardback |
| List price:
|
£89.99 |
|
We currently do not stock this item, please contact the publisher directly for
further information.
|
|
|
|
|
|
| ISBN 10: |
0817683879 |
| ISBN 13: |
9780817683870 |
| Publisher: |
BIRKHAUSER BOSTON INC |
| Pub. date: |
14 December, 2012 |
| Edition: |
2013 ed. |
| Series: |
Static & Dynamic Game Theory: Foundations & Applications |
| Pages: |
348 |
| Description: |
Written by seven of the most prominent pioneers of the interval market model and game-theoretic approach to finance, this book provides a detailed account of several closely related modeling techniques for an array of problems in mathematical economics. |
| Synopsis: |
Toward the late 1990s, several research groups independently began developing new, related theories in mathematical finance. These theories did away with the standard stochastic geometric diffusion "Samuelson" market model (also known as the Black-Scholes model because it is used in that most famous theory), instead opting for models that allowed minimax approaches to complement or replace stochastic methods. Among the most fruitful models were those utilizing game-theoretic tools and the so-called interval market model. Over time, these models have slowly but steadily gained influence in the financial community, providing a useful alternative to classical methods.A self-contained monograph, The Interval Market Model in Mathematical Finance: Game-Theoretic Methods assembles some of the most important results, old and new, in this area of research. Written by seven of the most prominent pioneers of the interval market model and game-theoretic finance, the work provides a detailed account of several closely related modeling techniques for an array of problems in mathematical economics. The book is divided into five parts, which successively address topics including:* probability-free Black-Scholes theory;* fair-price interval of an option;* representation formulas and fast algorithms for option pricing;* rainbow options;* tychastic approach of mathematical finance based upon viability theory.This book provides a welcome addition to the literature, complementing myriad titles on the market that take a classical approach to mathematical finance. It is a worthwhile resource for researchers in applied mathematics and quantitative finance, and has also been written in a manner accessible to financially-inclined readers with a limited technical background. |
| Illustrations: |
6 Tables, black and white; XVI, 348 p. |
| Publication: |
US |
| Imprint: |
Birkhauser Boston Inc |
| Returns: |
Returnable |
|
|
|
 |
|
|
|
|
|
Little Worried Caterpillar (PB)
Little Green knows she''s about to make a big change - transformingfrom a caterpillar into a beautiful butterfly. Everyone is VERYexcited! But Little Green is VERY worried. What if being a butterflyisn''t as brilliant as everyone says?Join Little Green as she finds her own path ... with just a littlehelp from her friends.
|
|
All the Things We Carry PB
What can you carry?A pebble? A teddy? A bright red balloon? A painting you''ve made?A hope or a dream?This gorgeous, reassuring picture book celebrates all the preciousthings we can carry, from toys and treasures to love and hope. With comforting rhymes and fabulous illustrations, this is a warmhug of a picture book.
|
|
|
|