商品簡介
This book is an introduction to the theory of pricing and hedging of derivative securities in continuous time, aimed at graduate and advanced undergraduate students and researchers in both academia and the financial industry. The material and the exposition have been thoroughly tested in doctoral courses at INSEAD, New York University, and Columbia University, and in various executive courses. The necessary mathematical machinery is developed in a precise and rigorous manner, while unnecessary mathematics is avoided.
作者簡介
Lars Tyge Nielsen is responsible for model risk management at Morgan Stanley Dean Witter & Co in New York.
