Option Prices as Probabilities 2024 pdf epub mobi 電子書 下載


Option Prices as Probabilities

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The Black-Scholes formula plays a central role in Mathematical Finance; it gives the right price at which buyer and seller can agree with, in the geometric Brownian framework, when strike K and maturity T are given. This yields an explicit well-known formula, obtained by Black and Scholes in 1973. The present volume gives another representation of this formula in terms of Brownian last passages times, which, to our knowledge, has ever been made in this sense.The volume is devoted to various extensions and discussions of features and quantities stemming from the last passages times representation in the Brownian case such as: past-future martingales, last passage times up to a finite horizon, pseudo-inverses of processes... They are developed in eight chapters, with complements, appendices and exercises.

Option Prices as Probabilities 2024 pdf epub mobi 電子書 下載

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Option Prices as Probabilities 2024 pdf epub mobi 電子書 下載

Option Prices as Probabilities 2024 pdf epub mobi 電子書 下載

Option Prices as Probabilities 2024 pdf epub mobi 電子書 下載



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出版者:Springer
作者:Christophe Profeta
出品人:
頁數:270
譯者:
出版時間:2010-02-26
價格:USD 69.95
裝幀:Paperback
isbn號碼:9783642103940
叢書系列:springer finance

圖書標籤: 金融數學  Finance   


Option Prices as Probabilities 2024 pdf epub mobi 電子書 下載
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