1.

Record Nr.

UNINA9910163431103321

Autore

Kunzru Hari

Titolo

White tears : A novel. / / Hari Kunzru

Pubbl/distr/stampa

New York, : Random House Audio, 2017

ISBN

1-5247-5486-2

Edizione

[Unabridged edition.]

Descrizione fisica

1 online resource (8 audio files) : digital

Classificazione

FIC019000FIC051000FIC062000

Altri autori (Persone)

KunzruHari

HoppeLincoln

CampbellDanny

HoffmanDominic

Soggetti

Fiction

Literature

Mystery

Lingua di pubblicazione

Inglese

Formato

Audiolibro

Livello bibliografico

Monografia

Note generali

Unabridged.

Sommario/riassunto

White Tears  is a ghost story, a terrifying murder mystery, a timely meditation on race, and a love letter to all the forgotten geniuses of American music  and Delta Mississippi Blues.   "An incisive meditation on race, privilege and music. Spanning decades, this novel brings alive the history of old-time blues and America’s racial conscience."—Rabeea Saleem,  Chicago Review of Books      Two twenty-something New Yorkers. Seth is awkward and shy. Carter is the glamorous heir to one of America's great fortunes. They have one thing in common: an obsession with music. Seth is desperate to reach for the future. Carter is slipping back into the past. When Seth accidentally records an unknown singer in a park, Carter sends it out over the Internet, claiming it's a long lost 1920s blues recording by a musician called Charlie Shaw. When an old collector contacts them to say that their fake record and their fake bluesman are actually real, the two young white men, accompanied by Carter's troubled sister Leonie, spiral down into the heart of the nation's darkness, encountering a suppressed history of greed, envy, revenge, and exploitation.



2.

Record Nr.

UNINA9910338260303321

Autore

Antonov Alexandre

Titolo

Modern SABR analytics : formulas and insights for quants, former physicists and mathematicians / / by Alexandre Antonov, Michael Konikov, Michael Spector

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2019

ISBN

3-030-10656-X

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (132 pages)

Collana

SpringerBriefs in Quantitative Finance, , 2192-7006

Disciplina

332.6453

Soggetti

Economics, Mathematical

Probabilities

Game theory

Quantitative Finance

Probability Theory and Stochastic Processes

Game Theory, Economics, Social and Behav. Sciences

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1 Introduction -- 1.1 Introduction -- 1.2 Wide popularity of the SABR -- 1.3 Simple derivation -- 1.4 Modifications and extensions of the SABR -- 1.5 CMS and the SABR -- 1.6 Approximation accuracy and its improvements -- 1.7 About this book -- 2 Exact Solutions to CEV Model with Stochastic Volatility -- 2.1 Introduction -- 2.2 Transforming CEV Process into the Bessel One -- 2.3 Solution behavior near singular point x = 0, integrability, flux -- 2.4 Laplace Transform -- 2.5 Probability distributions -- 2.6 Back to CEV model -- 2.6.1 Option pricing through Chi Square distributions -- 2.7 Alternative expressions for CEV option values -- 2.8 CEV Model with Stochastic Volatility -- 2.9 Conclusion -- 3 Classic SABR Model: Exactly Solvable Cases -- 3.1 Introduction -- 3.2 Probability Density Functions for the Free Normal and Log-Normal SABR, Probabilistic Approach -- 3.3 Deriving PDFs using Kolmogorov equations -- 3.4 Option Value for the Free Normal SABR -- 3.5 Option Value for the Lognormal SABR -- 3.6 The Zero Correlation case -- 4 Classic SABR Model: Heat Kernel



Expansion and Projection on Solvable Models -- 4.1 Introduction -- 4.2 Invariant forms of Diffusion Equations -- 4.3 Heat Kernel Expansion -- 4.4 Non-Zero Correlation General Case -- 4.5 Conclusion -- References.

Sommario/riassunto

Focusing on recent advances in option pricing under the SABR model, this book shows how to price options under this model in an arbitrage-free, theoretically consistent manner. It extends SABR to a negative rates environment, and shows how to generalize it to a similar model with additional degrees of freedom, allowing simultaneous model calibration to swaptions and CMSs. Since the SABR model is used on practically every trading floor to construct interest rate options volatility cubes in an arbitrage-free manner, a careful treatment of it is extremely important. The book will be of interest to experienced industry practitioners, as well as to students and professors in academia. Aimed mainly at financial industry practitioners (for example quants and former physicists) this book will also be interesting to mathematicians who seek intuition in the mathematical finance.