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  5. The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies

The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies

av David M. (Stanford University Kreps

del av Econometric Society Monographs-serien

The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies av David M. (Stanford University Kreps
Om The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies

This book examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models. Mainstream financial economists and economic theorists who want to understand important ideas and results from the highly mathematical literature of financial mathematics will find this book an invaluable aid.

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  • Språk:
  • Engelska
  • ISBN:
  • 9781108707657
  • Format:
  • Häftad
  • Sidor:
  • 214
  • Utgiven:
  • 19 September 2019
  • Mått:
  • 228x153x12 mm.
  • Vikt:
  • 326 g.
  Fri leverans
Leveranstid: 2-4 veckor
Förväntad leverans: 22 Oktober 2024

Om David M. (Stanford University Kreps

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This book examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models. Mainstream financial economists and economic theorists who want to understand important ideas and results from the highly mathematical literature of financial mathematics will find this book an invaluable aid.

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