1.

Record Nr.

UNINA9910139507903321

Titolo

Fourier transform methods in finance [[electronic resource] /] / Umberto Cherubini ... [et al.]

Pubbl/distr/stampa

Chichester ; ; [Hoboken, NJ], : John Wiley & Sons, c2010

ISBN

0-470-68492-5

1-119-20782-7

1-282-48313-7

9786612483134

0-470-68822-X

Descrizione fisica

1 online resource (258 p.)

Collana

The Wiley Finance Series ; ; v.524

Altri autori (Persone)

CherubiniUmberto

Disciplina

332.01515723

Soggetti

Options (Finance) - Mathematical models

Securities - Prices - Mathematical models

Finance - Mathematical models

Fourier analysis

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Fourier Transform Methods in Finance; Contents; Preface; List of Symbols; 1 Fourier Pricing Methods; 2 The Dynamics of Asset Prices; 3 Non-stationary Market Dynamics; 4 Arbitrage-Free Pricing; 5 Generalized Functions; 6 The Fourier Transform; 7 Fourier Transforms at Work; Appendices; A Elements of Probability; B Elements of Complex Analysis; C Complex Integration; D Vector Spaces and Function Spaces; E The Fast Fourier Transform; F The Fractional Fast Fourier Transform; G Affine Models: The Path Integral Approach; Bibliography; Index

Sommario/riassunto

In recent years, Fourier transform methods have emerged as one of the major methodologies for the evaluation of derivative contracts, largely due to the need to strike a balance between the extension of existing pricing models beyond the traditional Black-Scholes setting and a need to evaluate prices consistently with the market quotes.  Fourier Transform Methods in Finance is a practical and accessible guide to pricing financial instruments using Fourier transform. Written by an experienced team of practitioners and academics, it covers Fourier



pricing methods; the dynamics