Option Pricing in Incomplete Markets (English, Yoshio Miyahara)
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Book Details
Publisher
Imperial College Press
Language
English
ISBN-13
9781848163478
ISBN-10
1848163479
Author
Yoshio Miyahara
About the Book
This volume offers the reader practical methods to compute the option prices in the incomplete asset markets. The [GLP & MEMM] pricing models are clearly introduced, and the properties of these models are discussed in great detail. It is shown that the geometric Lévy process (GLP) is a typical example of the incomplete market, and that the MEMM (minimal entropy martingale measure) is an extremely powerful pricing measure.This volume also presents…
ISBN: 9781848163478
ISBN-13: 9781848163478
ISBN-10: 1848163479
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Product ID: isbn-9781848163478
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