A Benchmark Approach to Quantitative Finance
- Author
- Eckhard Platen, David Heath
- Publication Year
- 2006
- Publisher
- Springer
- Language
- English
- Document Type
- Book
- Faculty / Subject Heading
- Mathematics and Statistic
- Download Book Read book
The general framework is used to provide an understanding of the nature of stochastic volatility. The book is intended for a wide audience that includes quantitative analysts, postgraduate students and practitioners in finance, economics and insurance. It aims to be a self-contained, accessible but mathematically rigorous introduction to quantitative finance for readers that have a reasonable mathematical or quantitative background. Finally, the book should stimulate interest in the benchmark approach by describing some of its power and wide applicability.
Keywords: Mathematics and Statistics / Finance / Financial Modeling / Hedging / Quantitative Methods /Statistical Methods /Stochastic Differential Equations / Stochastic Processes /Stochastic calculus / Modeling optimization
