Buch, Englisch, Band 63, 214 Seiten, HC gerader Rücken kaschiert, Format (B × H): 157 mm x 235 mm, Gewicht: 513 g
Buch, Englisch, Band 63, 214 Seiten, HC gerader Rücken kaschiert, Format (B × H): 157 mm x 235 mm, Gewicht: 513 g
Reihe: Econometric Society Monographs
ISBN: 978-1-108-48636-1
Verlag: Cambridge University Press
Autoren/Hrsg.
Weitere Infos & Material
1. Introduction; 2. Finitely many states and dates; 3. Countinuous time and the Black-Scholes-Merton (BSM) Model; 4. BSM as an idealization of binomial-random-walk economies; 5. Random walks that are not binomial; 6. Barlow's example; 7. The Pötzelberger-Schlumprecht example and asymptotic arbitrage; 8. Concluding remarks, Part I: how robust an idealization is BSM?; 9. Concluding remarks, Part II: continuous-time models as idealizations of discrete time; Appendix.