0
Your cart

Your cart is empty

Books > Business & Economics > Finance & accounting

Buy Now

The Interval Market Model in Mathematical Finance - Game-Theoretic Methods (Paperback, 2013 ed.) Loot Price: R2,514
Discovery Miles 25 140
The Interval Market Model in Mathematical Finance - Game-Theoretic Methods (Paperback, 2013 ed.): Pierre Bernhard, Jacob C....

The Interval Market Model in Mathematical Finance - Game-Theoretic Methods (Paperback, 2013 ed.)

Pierre Bernhard, Jacob C. Engwerda, Berend Roorda, J. M Schumacher, Vassili Kolokoltsov, Patrick Saint-Pierre, Jean-Pierre Aubin

Series: Static & Dynamic Game Theory: Foundations & Applications

 (sign in to rate)
Loot Price R2,514 Discovery Miles 25 140 | Repayment Terms: R236 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

Toward the late 1990s, several research groups independently began developing new, related theories in mathematical finance. These theories did away with the standard stochastic geometric diffusion "Samuelson" market model (also known as the Black-Scholes model because it is used in that most famous theory), instead opting for models that allowed minimax approaches to complement or replace stochastic methods. Among the most fruitful models were those utilizing game-theoretic tools and the so-called interval market model. Over time, these models have slowly but steadily gained influence in the financial community, providing a useful alternative to classical methods. A self-contained monograph, The Interval Market Model in Mathematical Finance: Game-Theoretic Methods assembles some of the most important results, old and new, in this area of research. Written by seven of the most prominent pioneers of the interval market model and game-theoretic finance, the work provides a detailed account of several closely related modeling techniques for an array of problems in mathematical economics. The book is divided into five parts, which successively address topics including: * probability-free Black-Scholes theory; * fair-price interval of an option; * representation formulas and fast algorithms for option pricing; * rainbow options; * tychastic approach of mathematical finance based upon viability theory. This book provides a welcome addition to the literature, complementing myriad titles on the market that take a classical approach to mathematical finance. It is a worthwhile resource for researchers in applied mathematics and quantitative finance, and has also been written in a manner accessible to financially-inclined readers with a limited technical background.

General

Imprint: Birkhauser Boston
Country of origin: United States
Series: Static & Dynamic Game Theory: Foundations & Applications
Release date: 2015
First published: 2013
Authors: Pierre Bernhard • Jacob C. Engwerda • Berend Roorda • J. M Schumacher • Vassili Kolokoltsov • Patrick Saint-Pierre • Jean-Pierre Aubin
Dimensions: 235 x 155 x 19mm (L x W x T)
Format: Paperback - Cloth over boards
Pages: 348
Edition: 2013 ed.
ISBN-13: 978-1-4899-8580-4
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Finance & accounting > General
Books > Science & Mathematics > Mathematics > Optimization > Game theory
Books > Science & Mathematics > Mathematics > Applied mathematics > General
Promotions
LSN: 1-4899-8580-8
Barcode: 9781489985804

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Damaged Goods - The Rise and Fall of Sir…
Oliver Shah Paperback  (1)
R295 R269 Discovery Miles 2 690
Mr Bitcoin - How I Became A Millionaire…
Mpho Dagada Paperback R250 R231 Discovery Miles 2 310
How To Get A SARS Refund
Daniel Baines Paperback  (3)
R196 Discovery Miles 1 960
Introduction To Financial Accounting
Dempsey, A. Paperback  (1)
R1,368 R1,249 Discovery Miles 12 490
Death And Taxes - How SARS Made Hitmen…
Johann van Loggerenberg Paperback R295 R264 Discovery Miles 2 640
Smart Woman - How To Gain Financial…
Sylvia Walker Paperback  (5)
R360 Discovery Miles 3 600
Dynamic Auditing - A Student Edition
B. Marx, A. van der Watt, … Paperback R1,384 R1,262 Discovery Miles 12 620
Financial Management
Carlos Correia Paperback R975 R860 Discovery Miles 8 600
Graded Questions On Income Tax In South…
Kevin Mitchell, Lindsay Mitchell Paperback R662 Discovery Miles 6 620
Auditing Notes For South African…
Rob Jackson Paperback  (4)
R960 Discovery Miles 9 600
Management and Cost Accounting
Colin Drury Paperback  (9)
R1,335 Discovery Miles 13 350
Descriptive Accounting - IFRS Accounting…
Paperback R1,716 R1,547 Discovery Miles 15 470

See more

Partners