Arbitrage Theory in Continuous Time
SKU: 61579083198

Arbitrage Theory in Continuous Time

Sale price$67.81 Regular price$75.35
Save 10%

Shipping Estimate
USA
  • USA
  • CAN

Ships within 48 hours · Estimated delivery Jul 8 - Jul 13

Promo Codes Available:

For Your Every Summer RSVP, with Code: SUMMER15

Description

Arbitrage Theory in Continuous TimeThe fourth edition of this widely used textbook on pricing and hedging of financial derivatives now also includes dynamic equilibrium theory and continues to combine sound mathematical principles with economic applications. Concentrating on the probabilistic theory of continuous time arbitrage pricing of financial derivatives, including stochastic optimal control theory and optimal stopping theory, Arbitrage Theory in Continuous Time is designed for

The fourth edition of this widely used textbook on pricing and hedging of financial derivatives now also includes dynamic equilibrium theory and continues to combine sound mathematical principles with economic applications. Concentrating on the probabilistic theory of continuous time arbitrage pricing of financial derivatives, including stochastic optimal control theory and optimal stopping theory, Arbitrage Theory in Continuous Time is designed for graduate students in economics and mathematics, and combines the necessary mathematical background with a solid economic focus. It includes a solved example for every new technique presented, contains numerous exercises, and suggests further reading in each chapter. All concepts and ideas are discussed, not only from a mathematics point of view, but with lots of intuitive economic arguments. In the substantially extended fourth edition Tomas Bjork has added completely new chapters on incomplete markets, treating such topics as the Esscher transform, the minimal martingale measure, f-divergences, optimal investment theory for incomplete markets, and good deal bounds. This edition includes an entirely new section presenting dynamic equilibrium theory, covering unit net supply endowments models and the Cox-Ingersoll-Ross equilibrium factor model. Providing two full treatments of arbitrage theory-the classical delta hedging approach and the modern martingale approach-this book is written so that these approaches can be studied independently of each other, thus providing the less mathematically-oriented reader with a self-contained introduction to arbitrage theory and equilibrium theory, while at the same time allowing the more advanced student to see the full theory in action. This textbook is a natural choice for graduate students and advanced undergraduates studying finance and an invaluable introduction to mathematical finance for mathematicians and professionals in the market.

EAN: 9780198851615
Farbverschnitt: Generell werden die Bücher ohne Farbverschnitt geliefert, auch wenn die Abbildungen einen Farbverschnitt zeigen.
Auflage: 4th edition, 20004
Erscheinungsjahr: 05.12.2019
Produktform: Leinen, Gebunden
Autoren: Bjork, Tomas
Auflage/Ausgabe: 4th edition
Seitenzahl/Blattzahl: 592
Fachschema: Nationalökonomie~Volkswirtschaft - Volkswirtschaftslehre - Volkswirt~Rechnungswesen~Wirtschaft / Finanzen, Kredit~Stochastik~Anlage (finanziell) - Geldanlage~Kapitalanlage~Buchhaltung / Finanzbuchhaltung~Finanzbuchhaltung
Fachkategorie: Wirtschaftswissenschaft~Betriebswirtschaft und Management~Anlagen und Wertpapiere~Finanzbuchhaltung, Stochastik
Text Sprache: eng
Seitenanzahl: XXI, 561
Verlag: Oxford University Press
Länge: 244 mm
Breite: 164 mm
Höhe: 43 mm
Gewicht: 995 gr
Genre: Importe
Herkunftsland: GROSSBRITANNIEN (GB)
Shipping Notes
  • Free Standard Shipping on $100+ Orders to the USA.
  • Except Preorder products are shipped in 48 hours.
  • Delivery to the USA:
  1. Standard Shipping : 3-10 business days
  • If time is of the essence, please consider selecting expedited delivery for faster service.
Exchange/Return Notes
  • We offer a 30-day return/exchange service after receiving.
  • Final sale items are not eligible for returns or exchanges.
  • To process your return/exchange, please contact us at [email protected]
  • Please click here for more details>>> Return & Exchange Policy
SKU: 61579083198

Discover Niche Categories That Outsell

Top-Converting Item to Boost Your Average Order

4.3 ★★★★★
Based on 280 reviews
Sort
Highest Rating
Newest First
Oldest First
Product Reviews
K
Verified Purchase
Kris Raley
Fort Morgan, US
★★★★★ 1
Cracked and breaking
Color: Green, Color: Green
Not durable
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 28, 2026
D
Verified Purchase
Debbie DeRusha
Louisville, US
★★★★★ 5
Fantastic toy for strong chewers
Color: Green
This dog toy is FANTASTIC! I have a pitbull that is a STRONG chewer and not even a piece has come off! This toy has lasted the longest of any dog toy I’ve ever had! I got one and then immediately ordered another one! Highly recommend
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on April 16, 2026
D
Verified Purchase
Denise Daves
Natrona Heights, US
★★★★★ 4
Didn’t play like I thought she would
Color: Green
Good product for size and durability.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 17, 2026
T
Verified Purchase
TexasLady
Los Angeles, US
★★★★★ 3
Maybe for XL breeds.
Color: Green
This pull toy is too heavy for my 49 lbs Foxhound/Beagle mix. The “beads” are very sharp, and he didn’t want to put it in his mouth to chew on or play tag. I don’t think he’s picked it up since the first time I gave it to him. Extra large dogs may love it, but it was just too large and heavy for my dog. He was very unhappy with it.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 11, 2026
S
Verified Purchase
Sam
Lexington, US
★★★★★ 5
Very sturdy toy
Color: Blue
It’s very sturdy and has a surface and handle that allows a dog to grip on for a good tug. It’s also holding up to my very, very aggressive chewer and she’s 80-90 lbs.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 4, 2026

recommand products