Black–scholes–merton model as an idealization of discrete-time economies, the
Auteur :
Kreps, David M.
Éditeur :
Cambridge University Press
ISBN :
9781108707657
Date de publication :
19 sept. 2019
Dimensions :
22,8 x 15,3 x 1,2 cm
Poids :
320 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
This book examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models. Mainstream financial economists and economic theorists who want to understand important ideas and results from the highly mathematical literature of financial mathematics will find this book an invaluable aid.