Hypermodels In Mathematical Finance Modelling Via Infinitesimal Analysis PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Hypermodels In Mathematical Finance Modelling Via Infinitesimal Analysis PDF full book. Access full book title Hypermodels In Mathematical Finance Modelling Via Infinitesimal Analysis.
Author | : Siu-Ah Ng |
Publisher | : World Scientific |
Total Pages | : 313 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9812564527 |
Download Hypermodels in Mathematical Finance Book in PDF, ePub and Kindle
At the beginning of the new millennium, two unstoppable processes aretaking place in the world: (1) globalization of the economy; (2)information revolution. As a consequence, there is greaterparticipation of the world population in capital market investment, such as bonds and stocks and their derivatives
Author | : Siu-ah Ng |
Publisher | : World Scientific |
Total Pages | : 313 |
Release | : 2003-01-23 |
Genre | : Business & Economics |
ISBN | : 9814492337 |
Download Hypermodels In Mathematical Finance: Modelling Via Infinitesimal Analysis Book in PDF, ePub and Kindle
At the beginning of the new millennium, two unstoppable processes are taking place in the world: (1) globalization of the economy; (2) information revolution. As a consequence, there is greater participation of the world population in capital market investment, such as bonds and stocks and their derivatives. Hence there is a need for risk management and analytic theory explaining the market. This leads to quantitative tools based on mathematical methods, i.e. the theory of mathematical finance.Ever since the pioneer work of Black, Scholes and Merton in the 70's, there has been rapid growth in the study of mathematical finance, involving ever more sophisticated mathematics. However, from the practitioner's point of view, it is desirable to have simpler and more useful mathematical tools.This book introduces research students and practitioners to the intuitive but rigorous hypermodel techniques in finance. It is based on Robinson's infinitesimal analysis, which is easily grasped by anyone with as little background as first-year calculus. It covers topics such as pricing derivative securities (including the Black-Scholes formula), hedging, term structure models of interest rates, consumption and equilibrium. The reader is introduced to mathematical tools needed for the aforementioned topics. Mathematical proofs and details are given in an appendix. Some programs in MATHEMATICA are also included.
Author | : Sergio Albeverio |
Publisher | : Springer Science & Business Media |
Total Pages | : 295 |
Release | : 2011-05-27 |
Genre | : Mathematics |
ISBN | : 3642196594 |
Download Hyperfinite Dirichlet Forms and Stochastic Processes Book in PDF, ePub and Kindle
This monograph treats the theory of Dirichlet forms from a comprehensive point of view, using "nonstandard analysis." Thus, it is close in spirit to the discrete classical formulation of Dirichlet space theory by Beurling and Deny (1958). The discrete infinitesimal setup makes it possible to study the diffusion and the jump part using essentially the same methods. This setting has the advantage of being independent of special topological properties of the state space and in this sense is a natural one, valid for both finite- and infinite-dimensional spaces. The present monograph provides a thorough treatment of the symmetric as well as the non-symmetric case, surveys the theory of hyperfinite Lévy processes, and summarizes in an epilogue the model-theoretic genericity of hyperfinite stochastic processes theory.
Author | : Horst Osswald |
Publisher | : Cambridge University Press |
Total Pages | : 429 |
Release | : 2012-03 |
Genre | : Mathematics |
ISBN | : 1107016142 |
Download Malliavin Calculus for Lévy Processes and Infinite-Dimensional Brownian Motion Book in PDF, ePub and Kindle
After functional, measure and stochastic analysis prerequisites, the author covers chaos decomposition, Skorohod integral processes, Malliavin derivative and Girsanov transformations.
Author | : S.D. Howison |
Publisher | : CRC Press |
Total Pages | : 164 |
Release | : 1995-05-15 |
Genre | : Mathematics |
ISBN | : 9780412630705 |
Download Mathematical Models in Finance Book in PDF, ePub and Kindle
Mathematical Models in Finance compiles papers presented at the Royal Society of London discussion meeting. Topics range from the foundations of classical theory to sophisticated, up-to-date mathematical modeling and analysis. In the wake of the increased level of mathematical awareness in the financial research community, attention has focused on fundamental issues of market modelling that are not adequately allowed for in the standard analyses. Examples include market anomalies and nonlinear coupling effects, and demand new synthesis of mathematical and numerical techniques. This line of inquiry is further stimulated by ever tightening profits due to increased competition. Several papers in this volume offer pointers to future developments in this area.
Author | : |
Publisher | : |
Total Pages | : 1524 |
Release | : 2004 |
Genre | : Mathematics |
ISBN | : |
Download Mathematical Reviews Book in PDF, ePub and Kindle
Author | : Yue-Kuen Kwok |
Publisher | : Springer |
Total Pages | : 530 |
Release | : 2009-08-29 |
Genre | : Mathematics |
ISBN | : 9783540862550 |
Download Mathematical Models of Financial Derivatives Book in PDF, ePub and Kindle
This second edition, now featuring new material, focuses on the valuation principles that are common to most derivative securities. A wide range of financial derivatives commonly traded in the equity and fixed income markets are analysed, emphasising aspects of pricing, hedging and practical usage. This second edition features additional emphasis on the discussion of Ito calculus and Girsanovs Theorem, and the risk-neutral measure and equivalent martingale pricing approach. A new chapter on credit risk models and pricing of credit derivatives has been added. Up-to-date research results are provided by many useful exercises.
Author | : William T. Shaw |
Publisher | : Cambridge University Press |
Total Pages | : 570 |
Release | : 1998-12-10 |
Genre | : Business & Economics |
ISBN | : 9780521592338 |
Download Modelling Financial Derivatives with MATHEMATICA ® Book in PDF, ePub and Kindle
CD plus book for financial modelling, requires Mathematica 3 or 2.2; runs on most platforms.
Author | : Marco Avellaneda |
Publisher | : World Scientific |
Total Pages | : 372 |
Release | : 1999 |
Genre | : Mathematics |
ISBN | : 9789810246938 |
Download Quantitative Analysis in Financial Markets Book in PDF, ePub and Kindle
Contains lectures presented at the Courant Institute's Mathematical Finance Seminar.
Author | : Michael A. H. Dempster |
Publisher | : Cambridge University Press |
Total Pages | : 614 |
Release | : 1997-10-13 |
Genre | : Business & Economics |
ISBN | : 9780521584241 |
Download Mathematics of Derivative Securities Book in PDF, ePub and Kindle
During 1995 the Isaac Newton Institute for the Mathematical Sciences at Cambridge University hosted a six month research program on financial mathematics. During this period more than 300 scholars and financial practitioners attended to conduct research and to attend more than 150 research seminars. Many of the presented papers were on the subject of financial derivatives. The very best were selected to appear in this volume. They range from abstract financial theory to practical issues pertaining to the pricing and hedging of interest rate derivatives and exotic options in the market place. Hence this book will be of interest to both academic scholars and financial engineers.