01481nam a2200205Ia 4500 CTU_153525 210402s9999 xx 000 0 und d 332.632 F772 Fouque, Jean-Pierre Derivatives in financial markets with stochastic volatility Jean-Pierre Fouque, George Papanicolaou, K. Ronnie Sircar New York Cambridge University Press 2000 This important work addresses problems in financial mathematics of pricing and hedging derivative securities in an environment of uncertain and changing market volatility. These problems are important to investors from large trading institutions to pension funds. The authors present mathematical and statistical tools that exploit the volatile nature of the market. The mathematics is introduced through examples and illustrated with simulations and the modeling approach that is described is validated and tested on market data. The material is suitable for a one-semester course for graduate students with some exposure to methods of stochastic modeling and arbitrage pricing theory in finance. The volume is easily accessible to derivatives practitioners in the financial engineering industry Derivative securities,Financial institutions Tổ chức tài chính,Chứng khoán phái sinh Tuyến Trung tâm Học liệu Trường Đại học Cần Thơ