By Eckhard Platen,David Heath
A framework for monetary industry modeling, the benchmark method extends past normal threat impartial pricing conception. It allows a unified therapy of portfolio optimization, by-product pricing, built-in probability administration and coverage threat modeling. This publication offers the mandatory mathematical instruments, by way of a radical advent to monetary modeling less than the benchmark technique, explaining quite a few quantitative equipment for the reasonable pricing and hedging of derivatives.
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Extra resources for A Benchmark Approach to Quantitative Finance (Springer Finance)
A Benchmark Approach to Quantitative Finance (Springer Finance) by Eckhard Platen,David Heath