Product Information
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
Dimensions
Item Height235 mm
Item Weight694 g
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorNicholas H. Bingham, Rudiger Kiesel