Alternative Derivatives Pricing : Formal Approach

Language: English

Published by LAP LAMBERT Academic Publishing, 2010

3838366050 / 9783838366050

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nach der Bestellung gedruckt Neuware - Printed after ordering - There are several distinctions between this book and others. The primary distinction is that we developed derivatives pricing which could not be reduced to Black-Scholes benchmark. Other distinction we do not used either expected or present value reduction standards to present equality two cash flows generated by derivative instruments. Our approach in pricing derivatives is based on the equal investment principle applied for each admissible scenario. For instance, a call option price is reflected by the underlying return for each scenario that promises price at maturity higher than its strike. The main peculiarity of this pricing is that there is no fair price and each spot or theoretical prices implies the risk. This market risk can be calculated based on statistical assumption regarding distribution of the derivative underlying.

Seller Inventory # 9783838366050

Title
Alternative Derivatives Pricing : Formal Approach
Author
Ilya Gikhman
Publisher
LAP LAMBERT Academic Publishing
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3838366050
ISBN 13
9783838366050
Item weight
262 grams
Dimensions
220x150x11 mm

AHA-BUCH GmbH

Einbeck, Germany

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