The Mathematics of Arbitrage
Author | : Freddy Delbaen |
Publisher | : Springer Science & Business Media |
Total Pages | : 371 |
Release | : 2006-02-14 |
ISBN-10 | : 3540312994 |
ISBN-13 | : 9783540312994 |
Rating | : 4/5 (94 Downloads) |
Download or read book The Mathematics of Arbitrage written by Freddy Delbaen and published by Springer Science & Business Media. This book was released on 2006-02-14 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history of modern mathematical finance and now forms the cornerstone of this book. Puts into book format a series of major results due mostly to the authors of this book. Embeds highest-level research results into a treatment amenable to graduate students, with introductory, explanatory background. Awaited in the quantitative finance community.