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A Benchmark Approach to Quantitative Finance PDF

702 Pages·2006·11.544 MB·English
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by Eckhard Platen, David Heath| 2006| 702 pages| 11.544| English

About A Benchmark Approach to Quantitative Finance

A framework for financial market modeling, the benchmark approach extends beyond standard risk neutral pricing theory. It permits a unified treatment of portfolio optimization, derivative pricing, integrated risk management and insurance risk modeling. This book presents the necessary mathematical tools, followed by a thorough introduction to financial modeling under the benchmark approach, explaining various quantitative methods for the fair pricing and hedging of derivatives.

Detailed Information

Author:Eckhard Platen, David Heath
Publication Year:2006
ISBN:9783540262121
Pages:702
Language:English
File Size:11.544
Format:PDF
Price:FREE
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