Related Books
Language: en
Pages: 58
Pages: 58
Type: BOOK - Published: 2005 - Publisher:
In this paper we first present a geometric approach to option bounds. We show that if two risk neutral probability density functions intersect for certain numbe
Language: en
Pages:
Pages:
Type: BOOK - Published: 2008 - Publisher:
Language: en
Pages: 306
Pages: 306
Type: BOOK - Published: 2013-06-29 - Publisher: Springer Science & Business Media
With a simple approach accessible to a wide audience, this book aims for the heart of mathematical finance: the fundamental formula of arbitrage pricing theory.
Language: en
Pages: 45
Pages: 45
Type: BOOK - Published: 2007 - Publisher:
We consider the problem of valuing European options in a complete market but with incomplete data. Typically, when the underlying asset dynamics is not specifie
Language: en
Pages: 32
Pages: 32
Type: BOOK - Published: 2009 - Publisher:
In this paper we raise a question on the theoretical foundation of option implied risk neutral density. We prove that given any number of options, there exist n