Titlebook: Mathematical Finance and Probability; A Discrete Introduct Pablo Koch Medina,Sandro Merino Textbook 2003 Birkh?user Verlag 2003 Asset Prici

bonnet

Sigmoidoscopy

流動性

PTCA635

Independence, concerning the occurrence or non-occurrence of one of them does not change the probability of the other event. Independence is one of the central concepts in probability theory. In this and the next section we explain the mathematical formulation of the concept and investigate the different guises in which it appears.

Spina-Bifida

pus840

Haphazard

American Claims,aturity. We now turn to investigate financial contracts which allow for the possibility of early exercise. We will consider two issues which will actually turn out to be related to each other: pricing and hedging of American claims, on the one side, and optimal exercise strategies on the other.

Organization

978-3-7643-6921-7Birkh?user Verlag 2003

LURE

Medley

Random Variables,This chapter is devoted to the study of random variables. These are the objects which will permit us to model economic variables such as securities prices — in our stochastic economy. We will find it convenient for later applications to stress the vector space structure on the set of random variables.