Portfolio Theory and Arbitrage: A Course in Mathematical Finance

This Asset we are sharing with you the Portfolio Theory and Arbitrage: A Course in Mathematical Finance free download links. This is a premium product and you will get Free on KitFiles.com. On our website, you will find lots of premium assets free like ebooks & audiobooks, 3D Books, Architecture Books, Arts & Crafts Books, AudioBooks, Comics, Graphic Design Books, Marketing & Business Book, Music Books, Novels & Stories, Photography Books, Programming Books, Web Design Books and much more.

File Name:Portfolio Theory and Arbitrage: A Course in Mathematical Finance
Books Type:Digital Version
Genre / Category:E-Books & Audio Books
File Size :25MB
Publisher:KitFiles.com
Updated and Published:January 21, 2022

Portfolio Theory and Arbitrage: A Course in Mathematical Finance – FREE EBOOKS DOWNLOAD

English | September 20, 2021 | ISBN: 1470460149 | 309 pages | PDF | 26 MB

This book develops a mathematical theory for finance, based on a simple and intuitive absence-of-arbitrage principle. This posits that it should not be possible to fund a non-trivial liability, starting with initial capital arbitrarily near zero. The principle is easy-to-test in specific models, as it is described in terms of the underlying market characteristics; it is shown to be equivalent to the existence of the so-called “Kelly” or growth-optimal portfolio, of the log-optimal portfolio, and of appropriate local martingale deflators. The resulting theory is powerful enough to treat in great generality the fundamental questions of hedging, valuation, and portfolio optimization. The book contains a considerable amount of new research and results, as well as a significant number of exercises. It can be used as a basic text for graduate courses in Probability and Stochastic Analysis, and in Mathematical Finance. No prior familiarity with finance is required, but it is assumed that readers have a good working knowledge of real analysis, measure theory, and of basic probability theory. Familiarity with stochastic analysis is also assumed, as is integration with respect to continuous semimartingales.

image

DOWNLOAD LINK : Portfolio Theory and Arbitrage: A Course in Mathematical Finance

FILEAXA.COM – is our main file storage service. We host all files there. You can join FILEAXA.COM premium service to get access to our all files with unlimited download speed.

Leave a Reply