Model-free Hedging

Model-free Hedging

Auteur: Pierre Henry-Labordere
Uitgever: CRC Press
Editie: 1
Publicatiedatum: 2017
ISBN: 9781138062238

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Model-free Hedging: A Martingale Optimal Transport Viewpoint focuses on the computation of model-independent bounds for exotic options consistent with market prices of liquid instruments such as Vanilla options. The author gives an overview of Martingale Optimal Transport, highlighting the differences between the optimal transport and its martingale counterpart. This topic is then discussed in the context of mathematical finance.

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