Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives by Nicholas H. Bingham, Rudiger Kiesel (Paperback, 2010)

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This second edition - completely up to date with new exercises - provides a comprehensive and self-contained treatment of the probabilistic theory behind the risk-neutral valuation principle and its application to the pricing and hedging of financial derivatives. 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. Based on firm probabilistic foundations, general properties of discrete- and continuous-time financial market models are discussed.

Product Identifiers

PublisherSpringer London LTD
ISBN-139781849968737
eBay Product ID (ePID)97723368

Product Key Features

Number of Pages438 Pages
Publication NameRisk-Neutral Valuation: Pricing and Hedging of Financial Derivatives
LanguageEnglish
SubjectAccounting, Finance
Publication Year2010
TypeTextbook
AuthorNicholas H. Bingham, Rudiger Kiesel
SeriesSpringer Finance Textbooks
FormatPaperback

Dimensions

Item Height235 mm
Item Weight694 g
Item Width155 mm

Additional Product Features

Country/Region of ManufactureUnited Kingdom
Title_AuthorNicholas H. Bingham, Rudiger Kiesel

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