Handbooks in Mathematical Finance
Subtitle: Option Pricing, Interest Rates and Risk Management
Contributors: E. Jouini (Editor); J. Cvitanic (Editor); Marek Musiela (Editor)
Publisher: Cambridge University Press
Published: July 30, 2001
Language: eng
Format: Hardcover
Number of pages: 686
ISBN-13: 9780521792370
Subjects: Mathematical modelling; Science/Mathematics; Mathematical models; Derivative securities; Mathematics; Business / Economics / Finance; Risk management; Probability & Statistics - General; Finance; Derivative securities--Prices--Mathematical models; Mathematics / Applied; Interest rates; Prices
First sentence: We shall consider models where an investor, acting on a financial market with random price movements and having T as his time horizon, transforms the initial endowment into a certain resulting wealth; let RT denote the set of all final wealth corresponding to possible investment strategies.