1.

Record Nr.

UNINA9910783227403321

Autore

Ng Siu-Ah

Titolo

Hypermodels in mathematical finance [[electronic resource] ] : modelling via infinitesimal analysis / / Siu-Ah Ng

Pubbl/distr/stampa

River Edge, N.J., : World Scientific, c2003

ISBN

1-281-87690-9

9786611876906

981-256-452-7

Descrizione fisica

1 online resource (313 p.)

Disciplina

332.6

Soggetti

Investments - Mathematical models

Securities - Mathematical models

Risk management - Mathematical models

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 (p. 289-294) and index.

Nota di contenuto

Preface; Contents; NOTATION AND CONVENTION; Chapter 1 Basic Concepts and Practice in Finance; Chapter 2 Infinitesimal Analysis and Hypermodels; Chapter 3 Absence of Arbitrage; Chapter 4 Explicit Option Pricing; Chapter 5 Pricing with Binary Tree Hypermodels; Chapter 6 Further Applications; Chapter 7 The Mathematics of Hypermodels; Appendix A Mathematica Programs; Bibliography; Index

Sommario/riassunto

At the beginning of the new millennium, two unstoppable processes are taking place in the world: (1) globalization of the economy; (2)information revolution. As a consequence, there is greater participation of the world population in capital market investment,such as bonds and stocks and their derivatives.