Yazar: Nicholas H. Bingham

Written by Nick Bingham, Chairman and Professor of Statistics at Birkbeck College, and Rudiger Kiesel, an "up-and-coming" academic, Risk Neutrality will benefit the Springer Finance Series …

Since its introduction in the early 1980s, the risk-neutral valuation principle has proved to be an important tool in the pricing and hedging of financial derivatives. Following the success of the fi …