Applied Conic Finance
- Authors:
- Dilip Madan, University of Maryland, College Park
- Wim Schoutens, Katholieke Universiteit Leuven, Belgium
- Date Published: October 2016
- availability: In stock
- format: Hardback
- isbn: 9781107151697
Hardback
Other available formats:
eBook
Looking for an inspection copy?
This title is not currently available on inspection
-
This is a comprehensive introduction to the brand new theory of conic finance, also referred to as the two-price theory, which determines bid and ask prices in a consistent and fundamentally motivated manner. Whilst theories of one price classically eliminate all risk, the concept of acceptable risks is critical to the foundations of the two-price theory which sees risk elimination as typically unattainable in a modern financial economy. Practical examples and case studies provide the reader with a comprehensive introduction to the fundamentals of the theory, a variety of advanced quantitative models, and numerous real-world applications, including portfolio theory, option positioning, hedging, and trading contexts. This book offers a quantitative and practical approach for readers familiar with the basics of mathematical finance to allow them to boldly go where no quant has gone before.
Read more- The first book to be published on the topic
- Written by two leading authorities
- Provides technologies for risk-based valuation of economic activity
- Quantifies market attitudes about illiquidity embedded in economic uncertainty using structured non-additive probability
Customer reviews
Not yet reviewed
Be the first to review
Review was not posted due to profanity
×Product details
- Date Published: October 2016
- format: Hardback
- isbn: 9781107151697
- length: 198 pages
- dimensions: 254 x 180 x 14 mm
- weight: 0.56kg
- contains: 95 b/w illus. 20 tables
- availability: In stock
Table of Contents
1. Financial mathematics principles
2. Stochastic processes and financial models
3. Numerical techniques
4. Conic finance
5. Conic pricing
6. Applications of conic finance
7. Conic portfolio theory
8. Conic hedging
9. Hedging insurance contracts
10. Option positioning
11. Conic trading
Bibliography
Index.
Sorry, this resource is locked
Please register or sign in to request access. If you are having problems accessing these resources please email [email protected]
Register Sign in» Proceed
You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.
Continue ×Are you sure you want to delete your account?
This cannot be undone.
Thank you for your feedback which will help us improve our service.
If you requested a response, we will make sure to get back to you shortly.
×