Title of article :
A partial introduction to financial asset pricing theory
Author/Authors :
Protter، نويسنده , , Philip، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Abstract :
We present an introduction to mathematical Finance Theory for mathematicians. The approach is to start with an abstract setting and then introduce hypotheses as needed to develop the theory. We present the basics of European call and put options, and we show the connection between American put options and backwards stochastic differential equations.
Keywords :
Financial asset pricing theory , Arbitrage , Complete markets , Numeraire invariance , Semimartingale , Backwards stochastic differential equations , OPTIONS
Journal title :
Stochastic Processes and their Applications
Journal title :
Stochastic Processes and their Applications