02705oam 2200601I 450 991046518350332120200520144314.00-429-09240-71-4398-1250-010.1201/9781439812525 (CKB)2560000000251375(EBL)1633442(SSID)ssj0001111124(PQKBManifestationID)11622344(PQKBTitleCode)TC0001111124(PQKBWorkID)11129550(PQKB)11215443(MiAaPQ)EBC1633442(Au-PeEL)EBL1633442(CaPaEBR)ebr11167357(OCoLC)908079117(EXLCZ)99256000000025137520180706d2011 uy 0engur|n|---|||||txtccrStochastic finance a numeraire approach /by Jan VecerFirst edition.Boca Raton, FL :CRC Press, an imprint of Taylor and Francis,2011.1 online resource (339 p.)Chapman and Hall/CRC Financial Mathematics SeriesDescription based upon print version of record.1-138-11641-6 1-4398-1252-7 Includes bibliographical references.Cover; Title; Copyright; Contents; Introduction; Chapter 1: Elements of Finance; Chapter 2: Binomial Models; Chapter 3: Diffusion Models; Chapter 4: Interest Rate Contracts; Chapter 5: Barrier Options; Chapter 6: Lookback Options; Chapter 7: American Options; Chapter 8: Contracts on Three or More Assets: Quantos, Rainbows and "Friends"; Chapter 9: Asian Options; Chapter 10: Jump Models; Appendix A: Elements of Probability Theory; Solutions to Selected Exercises; ReferencesUnlike much of the existing literature, Stochastic Finance: A Numeraire Approach treats price as a number of units of one asset needed for an acquisition of a unit of another asset instead of expressing prices in dollar terms exclusively. This numeraire approach leads to simpler pricing options for complex products, such as barrier, lookback, quanto, and Asian options. Most of the ideas presented rely on intuition and basic principles, rather than technical computations.Chapman & Hall/CRC financial mathematics series.FinanceStochastic analysisElectronic books.Finance.Stochastic analysis.332.01/51922Vecer Jan888024FlBoTFGFlBoTFGBOOK9910465183503321Stochastic finance1983596UNINA