THE VALUE OF UNCERTAINTY

THE VALUE OF UNCERTAINTY

Forfatter: George J Kaye
Forlag: World Scientific Publishing Company
Utgivelsesår: 2012
ISBN: 9781848167728

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14 dagers angrerett
Along with the extraordinary growth in the derivatives market over the last decade, the impact of model choice, and model parameter usage, has become a major source of valuation uncertainty. This book concentrates on equity derivatives and charts, step by step, how key assumptions on the dynamics of stocks impact on the value of exotics. The presentation is technical, but maintains a strong focus on intuition and practical application.

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