- Bạn vui lòng tham khảo Thỏa Thuận Sử Dụng của Thư Viện Số
Tài liệu Thư viện số
Danh mục TaiLieu.VN
Fourier Transform Methods in Finance
In recent years, Fourier transform methods have emerged as one of the major methodologies for the evaluation of derivative contracts, largely due to the need to strike a balance between the extension of existing pricing models beyond the traditional Black-Scholes setting and a need to evaluate prices consistently with the market quotes. Fourier Transform Methods in Finance is a practical and accessible guide to pricing financial instruments...
258 p itc 20/01/2013 341 2
Từ khóa: pricing models, dynamics of asset prices, non stationary market dynamics, arbitrage free pricing, methods in finance, fourier transform methods in finance
What is Financial Mathematics?
What is Financial Mathematics? Introduction • Financial Mathematics is a collection of mathematical techniques that find applications in finance, e.g. – Asset pricing: derivative securities. – Hedging and risk management – Portfolio optimization – Structured products • There are two main approaches: – Partial Differential Equations – Probability and Stochastic Processes Short History of Financial Mathematics • 1900:...
52 p itc 20/01/2013 361 2
Từ khóa: financial mathematics, asset pricing, derivative securities, risk management, time value of money, financial securities
FINANCE APPLICATIONS OF GAME THEORY
FINANCE APPLICATIONS OF GAME THEORY Franklin Allen and Stephen Morris * Finance is concerned with how the savings of investors are allocated through financial markets and intermediaries to firms, which use them to fund their activities. Finance can be broadly divided into two fields. The first is asset pricing, which is concerned with the decisions of investors. The second is corporate finance, which is concerned with the decisions of firms....
32 p itc 20/01/2013 315 2
Từ khóa: Finance, financial markets, corporate finance, economics, financial decisions, asset pricing
Continuous-Time Methods in Finance: A Review and an Assessment
Continuous-Time Methods in Finance: A Review and an Assessment SURESH M. SUNDARESAN* ABSTRACT I survey and assess the development of continuous-time methods in finance during the last 30 years. The subperiod 1969 to 1980 saw a dizzying pace of development with seminal ideas in derivatives securities pricing, term structure theory, asset pricing, and optimal consumption and portfolio choices. During the period 1981 to 1999 the theory has been...
54 p itc 17/01/2013 386 1
Từ khóa: a review and an assessment, methods in finance, finance, derivatives securities pricing, term structure theory, asset pricing, optimal consumption, portfolio choices
Analysis of Equity Investments: Valuation
The treatment in Analysis of Equity Investments: Valuation is intended to communicate a practical equity valuation process for the investment generalist. Unlike many alternative works, the book integrates accounting and finance concepts, providing the evenness of subject matter treatment, consistency of notation, and continuity of topic coverage so critical to the learning process. The book does not simply deliver a collection of valuation...
336 p itc 15/01/2013 308 2
Từ khóa: valuation models, equity valuation process, capital asset pricing model, equity valuation, price to sales, price to cash flow, enterprise value to EBITDA, mô hình định giá tài sản vốn
Theory of Asset Pricing unifies the central tenets and techniques of asset valuation into a single, comprehensive resource that is ideal for the first PhD course in asset pricing. Single-Period Portfolio Choice and Asset Pricing: Expected Utility and Risk Aversion; Mean-Variance Analysis; CAPM, Arbitrage, and Linear Factor Models; Consumption-Savings and State Pricing; Multiperiod Consumption, Portfolio Choice, and Asset Pricing: A...
570 p itc 08/01/2013 293 1
Từ khóa: investments securities, theory of asset pricing, asset pricing, lý thuyết định giá tài sản, đầu tư chứng khoán, portfolio choice
While mainstream financial theories and applications assume that asset returns are normally distributed, overwhelming empirical evidence shows otherwise. Yet many professionals don’t appreciate the highly statistical models that take this empirical evidence into consideration. Fat-Tailed and Skewed Asset Return Distributions examines this dilemma and offers readers a less technical look at how portfolio selection, risk management, and option...
385 p itc 08/01/2013 306 1
Từ khóa: investing finance, skewed asset return distributions, implications for risk management, implications for portfolio selection, implications for option pricing, quản lý tài chính
Asset pricing theory tries to understand the prices or values of claims to uncertain payments. A low price implies a high rate of return, so one can also think of the theory as explaining why some assets pay higher average returns than others. To value an asset, we have to account for the delay and for the risk of its payments. The effects of time are not too difficult to work out. However, corrections for risk are much more important...
462 p itc 08/01/2013 328 2
Từ khóa: Asset Pricing, định giá tài sản, estimating and evaluating asset pricing models, bonds and options, contingent claims markets, term structure of interest rates
A Multifractal Model of Asset Returns
The probabilistic description of financial prices, pioneered by Bachelier (1900), initially focused onindependent and Gaussian distributed price changes. Financial economists have long recognizedtwo major discrepancies between the Bachelier model and actual financial data. First, financialdata commonly display temporal dependence in the alternation of periods of large price changeswith periods of smaller changes. Secondly, the tails of the...
33 p itc 08/01/2013 288 1
Từ khóa: multifractal model, absolute value of price increments, a multifractal model of asset returns, khai tài sản, economic and financial
Handbook of Finance, Financial Markets and Instruments (Volume 1)
Volume I: Financial Markets and Instruments skillfully covers the general characteristics of different asset classes, derivative instruments, the markets in which financial instruments trade, and the players in those markets. It also addresses the role of financial markets in an economy, the structure and organization of financial markets, the efficiency of markets, and the determinants of asset pricing and interest rates. Incorporating...
869 p itc 07/01/2013 334 1
Từ khóa: handbook of finance, financial markets and instruments, derivative instruments, role of financial markets in an economy, the structure and organization of financial markets, the efficiency of markets, the determinants of asset pricing and interest rates
Đăng nhập
Bộ sưu tập nổi bật