Mathematical Finance

af Ernst Eberlein

This book bridges the gap between introductory texts and the advanced literature in the field. Its starting and focal point are continuous-time stochastic processes allowing for jumps. It provides an accessible introduction to the stochastic calculus and control of semimartingales and explains basic concepts of Mathematical Finance such as arbitrage theory, hedging, valuation principles, portfolio choice, and term structure modelling. Most textbooks on the subject are limited to diffusion-type m... (Læs mere)