Title Details: | |
Introduction to Mathematical Finance |
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Authors: |
Loulakis, Michail |
Reviewer: |
Cheliotis, Dimitrios |
Subject: | MATHEMATICS AND COMPUTER SCIENCE > MATHEMATICS LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > FINANCIAL ECONOMICS |
Keywords: |
Financial Mathematics
Derivative Securities Pricing And Hedging Binomial Model Black And Scholes Model |
Description: | |
Abstract: |
This book serves as an introduction to mathematical finance. The main subject of the course is the theory of pricing and hedging financial derivatives. The subject is initially developed in models of single-period, then in discrete multi-period models (binomial model), while the Black & Scholes model is obtained as the limit when the number of periods N goes to infinity and the duration of periods is T/N.
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Linguistic Editors: |
Trampoulis, Τheofilos |
Type: |
Undergraduate textbook |
Creation Date: | 2015 |
Item Details: | |
ISBN |
978-960-603-268-4 |
License: |
Attribution - NonCommercial - ShareAlike 4.0 International (CC BY-NC-SA 4.0) |
DOI | http://dx.doi.org/10.57713/kallipos-658 |
Handle | http://hdl.handle.net/11419/3481 |
Bibliographic Reference: | Loulakis, M. (2015). Introduction to Mathematical Finance [Undergraduate textbook]. Kallipos, Open Academic Editions. https://dx.doi.org/10.57713/kallipos-658 |
Language: |
Greek |
Consists of: |
1. Basic financial derivatives and the principle of non-speculation 2. Examples of market transactions during a period 3. The binomial model of multiple periods 4. Martingale measures 5. Rights of American type 6. The Black & Scholes model as a limit of binomial models |
Number of pages |
94 |
Publication Origin: |
Kallipos, Open Academic Editions |
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