A Benchmark Approach to Quantitative Finance
Download or Read eBook A Benchmark Approach to Quantitative Finance PDF written by Eckhard Platen and published by Springer Science & Business Media. This book was released on 2006-10-28 with total page 704 pages. Available in PDF, EPUB and Kindle.
| Author | : Eckhard Platen |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 704 |
| Release | : 2006-10-28 |
| ISBN-10 | : 9783540478560 |
| ISBN-13 | : 3540478566 |
| Rating | : 4/5 (60 Downloads) |
Book Synopsis A Benchmark Approach to Quantitative Finance by : Eckhard Platen
Book excerpt: 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.
