Market-Consistent Prices: An Introduction to Arbitrage Theory by Pablo Koch-Medina
English | PDF,EPUB | 2020 | 448 Pages | ISBN : 303039722x | 26 MB
Arbitrage Theory provides the foundation for the pricing of financial derivatives and has become indispensable in both financial theory and financial practice. This textbook offers a rigorous and comprehensive introduction to the mathematics of arbitrage pricing in a discrete-time, finite-state economy in which a finite number of securities are traded.