Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives. Front Cover · Nicholas H. Bingham, Rüdiger Kiesel. Springer Science. Results 1 – 30 of 43 Risk-Neutral Valuation by Bingham, Nicholas H. / Kiesel, Rüdiger and a great selection of related books, art and collectibles available now at. [BK] N. H. BINGHAM and Rüdiger KIESEL: Risk-neutral valuation: Pric- ing and rial College > Mathematics Department > Staff > Staff List > Bingham >.
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To ask other readers questions about Risk-Neutral Valuationplease sign up. Bruno added it Mar 29, It is easy to alienate readers by being too technical, but it is just as easy to write a fluff book that communicates nothing of substance.
Anton marked it as to-read Aug 22, Thanks for telling us about the problem. On the probabilistic side, both discrete- and continuous-time stochastic processes are treated, with special emphasis on martingale theory, stochastic integration and change-of-measure techniques.
It is mathematically rigorous but with a practical, reader-oriented focus.
Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives, Second Edition
Trivia About Risk-Neutral Valu Um Ihnen ein besseres Nutzererlebnis zu bieten, verwenden wir Cookies. The narrative moves along at a nice clip so you never get bogged down in minutia It aims to cover a.
Results are expressed formally as rsik theorems, but the authors skip most proofs. Jessa added it Nov 02, Mathematical Finance in Continuous Time 6.
On the probabilistic side, both discrete- and continuous-time stochastic processes are treated, with special em This second edition – completely up to date with new exercises – provides a comprehensive and self-contained treatment of the probabilistic theory behind rik risk-neutral valuation principle and its application to the pricing and hedging of financial derivatives.
Loredana Ciobanu marked it as to-read May 29, Be the first to ask a question about Risk-Neutral Valuation. Authors of financial engineering texts face a quandary: Want to Read saving…. Return to Book Page. To see what your friends thought of this book, please sign up.
Miguel Rodriguez rated riisk really liked it Jul 21, Just a moment while we sign you in to your Goodreads account.
Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives
Refresh and try again. With this book, authors Bingham and Kiesel have got the balance just right Readers new to the subject will appreciate the introductory chapters that provide suitable coverage of rigorous probability theory, Lesbesgue integration, and measure theory. Based on firm probabilistic foundations, general properties of discrete- and continuous-time financial market models are discussed.
The value of this particular book seems to be comprehensiveness — it provides much more material than a book like Baxter and Rennie’s “Financial Calculus”, however it does not motivate the use of equivalent martingale machinery as well as these authors.
This kkesel a well-written, self-contained introduction to asset pricing via equivalent martingale measures. Uniqueness of EMMs 4.
Thus, I’d use this book as a base to your studies of gingham pricing, but go elsewhere if you’re having trouble with the intuition behind the mathematics. Jordi Hendriks marked it as to-read Mar 06, The value of this particular book seems to be comprehensiveness — it provides much more material than a bihgham like Baxter and Rennie’s “Financial Calculus”, however it does not motivate the use of equivalent martingale m This is a well-written, self-contained introduction to asset pricing via equivalent martingale measures.
Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives by Nicholas H. Bingham
Published June 16th by Springer miesel published September 1st Springer Finance is a new programme of books aimed at students, academics and practitioners working on increasingly technical approaches to the analysis of financial markets.
Mathematical Finance in Discrete Time 4. Open Preview See a Problem? No trivia or quizzes yet. The authors approach is simple and designed to …mehr.