Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives. Front Cover · Nicholas H. Bingham, Rüdiger Kiesel. Springer Science. Results 1 – 30 of 43 Risk-Neutral Valuation by Bingham, Nicholas H. / Kiesel, Rüdiger and a great selection of related books, art and collectibles available now at. [BK] N. H. BINGHAM and Rüdiger KIESEL: Risk-neutral valuation: Pric- ing and rial College > Mathematics Department > Staff > Staff List > Bingham >.
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Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives by Nicholas H. Bingham
Loredana Ciobanu marked it as to-read May 29, Uniqueness of EMMs 4. To ask other readers kiesek about Risk-Neutral Valuationplease sign up.
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Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives
With this book, authors Bingham and Kiesel have got the balance just right It is mathematically rigorous but with a practical, reader-oriented focus. On the probabilistic side, both discrete- and continuous-time stochastic processes are treated, with special em 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.
It is easy to alienate readers by being too technical, but it is just as easy to kirsel a fluff book that communicates nothing of substance. Krishna Thakur is currently reading it Nov 09, Sie sind bereits eingeloggt.
The value of this particular book seems to be comprehensiveness — it provides much more material than a book like Baxter and Rennie’s “Financial Calculus”, however it does not motivate the use of equivalent martingale machinery as well as these authors.
Miguel Rodriguez rated it really liked it Jul 21, This is a well-written, self-contained introduction to asset pricing via equivalent martingale measures. Trivia About Risk-Neutral Valu Jessa marked it as to-read Nov 02, Published June 16th by Springer first published September 1st Jessa added it Nov 02, Iyub marked it as to-read Oct 25, Based on firm probabilistic foundations, general properties of discrete- and continuous-time financial market models are discussed.
It aims to cover a. Authors of financial engineering texts face a quandary: Results are expressed formally as mathematical theorems, but the authors skip most proofs. Refresh and try again. The value of this particular book seems to be comprehensiveness — it provides much more material than a book like Baxter and Rennie’s “Financial Calculus”, however it does not motivate the use of equivalent martingale m This is a well-written, self-contained introduction to asset pricing via equivalent martingale measures.
Christian rated it it was amazing May 14, Sapphire Ng marked it as to-read May 09, Um Ihnen ein besseres Oiesel zu bieten, verwenden wir Cookies.
Goodreads helps you keep track of books you want to read. Open Preview See a Problem? Almost anyone who has a strong background in maths and wants a command of financial engineering theory. Stochastic Processes in Discrete Time 3. Jordi Hendriks marked it neutarl to-read Mar 06, Bruno added it Mar 29, The authors approach is simple and designed to …mehr.
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Risk-Neutral Valuation (eBook, PDF)
Anton marked it as valuatin Aug 22, Want to Read saving…. Kj marked it as to-read May 14, Springer Finance is a new programme of books aimed at students, academics and practitioners working on increasingly technical approaches to the analysis of financial markets.
Aashna Ghai marked it as to-read Nov 17, 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. Readers new to the subject will appreciate the introductory chapters that provide suitable coverage of rigorous probability theory, Lesbesgue integration, and measure theory.
Based on a graduate course given to practitioners of Finance, the book identifies a clear gap in the market of Mathematical Finance.