000			01940nam a22002057a 4500
999			_c1846 _d1846
005			20220309160408.0
008			220309b ||||| |||| 00| 0 eng d
020			_a9781785480461
082			_a330.0151 _bMIS
100			_aMishura, Yuliya _94756
245			_aFinancial mathematics
260			_bISTE Press Ltd. _aLondon _c2016
300			_axiv, 179 p.
365			_aUSD _b130.00
504			_aTable of Contents Chapter 1. Financial Markets with Discrete Time 1.1. General description of a market model with discrete time 1.2. Arbitrage opportunities, martingale measures and martingale 1.3. Contingent claims: complete and incomplete markets 1.4. The Cox–Ross–Rubinstein approach to option pricing 1.5. The sequence of the discrete-time markets as an intermediate 1.6. American contingent claims Chapter 2. Financial Markets with Continuous Time 2.1. Transition from discrete to continuous time 2.2. Black–Scholes formula for the arbitrage-free price of the 2.3. Arbitrage theory for the financial markets with continuous-time 2.4. American contingent claims in continuous time 2.5. Exotic derivatives in the model with continuous-time
520			_aFinance Mathematics is devoted to financial markets both with discrete and continuous time, exploring how to make the transition from discrete to continuous time in option pricing. This book features a detailed dynamic model of financial markets with discrete time, for application in real-world environments, along with Martingale measures and martingale criterion and the proven absence of arbitrage. With a focus on portfolio optimization, fair pricing, investment risk, and self-finance, the authors provide numerical methods for solutions and practical financial models, enabling you to solve problems both from a mathematical and financial point of view.
650			_aBusiness mathematics _9179
650			_aEconomics, Mathematical _91941
942			_2ddc _cBK