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The mathematics of arbitrage

Delbaen, Freddy, Schachermayer, Walter

Part of the Springer Finance series

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This long-awaited book aims at a rigorous mathematical treatment of the theory of pricing and hedging of derivative securities by the principle of 'no arbitrage'.

The first part presents a relatively elementary introduction, restricting itself to the case of finite probability spaces.

The second part consists of an updated edition of seven original research papers by the authors, which analyse the topic in the general framework of semi-martingale theory.

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Product Details

Publisher/Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K

ISBN/Ean3540219927 / 9783540219927

FormatHardback

Dewey332.645

Published16/12/2005

Country of PubGermany

Book LanguageEnglish

Pagesxvi, 373 p.

Dimensions24 cm

Readershippostgraduate /research & professional Learn More

BIC KFFM Investment & securities, PBW Applied mathematics