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Girsanov, Numeraires, and All That
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Girsanov, Numeraires, and All That

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livrable dans env. 10-20 jours

In this Element the authors review the technique of the change of numeraire in the martingale approach to option pricing. Their intention is to present a reader friendly explanation of the technique itself, and illustrate how it is applied in various fields of quantitative finance as the basis for building option valuation models.

novembre 2022, Elements in Quantitative Finance, Anglais
Cambridge Academic
978-1-00-933928-5

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