Risk-neutral valuation

pricing and hedging of financial derivatives

This second edition - completely up to date with new exercises - provides a comprehensive and self-contained treatment of the probabilistic theory behind the risk-neutral valuation principle and its application to the pricing and hedging of financial derivatives. On the probabilistic side, both discrete- and continuous-time stochastic ...

Derivative securities and difference methods

This book is devoted to determining the prices of financial derivatives using a partial differential equation approach.In the first part the authors describe the formulation of the problems(including related free- boundary problems) and derive the closed form solutions if they have been found ...

Modeling financial time series with S-PLUS

The field of financial econometrics has exploded over the last decade This book represents an integration of theory, methods, and examples using the S-PLUS statistical modeling language and the S+FinMetrics module to facilitate the practice of financial econometrics. This is the first book to ...

Corporate finance, innovation, and strategic competition

Customer relationship management

organizational and technological perspectives

Asymptotic cones and functions in optimization and variational inequalities

This book provides a systematic and comprehensive account of asymptotic sets and functions from which a broad and useful theory emerges in the areas of optimization and variational inequalities. Mainly it is concerned with the existence of solutions of a given problem in these classes ...

Financial markets in continuous time

A framework for financial market modeling, the benchmark approach extends beyond standard risk neutral pricing theory. It permits a unified treatment of portfolio optimization, derivative pricing, integrated risk management and insurance risk modeling. This book presents the necessary mathematical tools, followed by a thorough introduction ...

Handelsrecht

Schnell erfasst.

A theory of interregional dynamics

models of capital, knowledge and economic structures

Networks and groups

models of strategic formation

Exploratory data analysis in empirical research

proceedings of the 25th Annual Conference of the Gesellschaft für Klassifikation e.V., University of Munich, March 14-16,2001

Reporting on income distribution and poverty

perspectives from a German and a European point of view

Enterprise management with SAP SEM TM - Business analytics

Understanding urban ecosystems

a new frontier for science and education

Nowhere on Earth is the challenge for ecological understanding greater, and yet more urgent, than in those parts of the globe where human activity is most intense - cities. People need to understand how cities work as ecological systems so they can take control of the ...

Regional convergence in the European Union

facts, prospects and policies

Labor markets and social security

issues and policy options in the U.S. and Europe

These continue to be difficult times for the labor markets of the industrialized nations. Shifts in labor demand, deregulatory impulses, and the ongoing process of globalization have each impacted the labor markets of the United States and Europe. In the face of the globalization of ...

Industrial excellence

management quality in manufacturing

Advances in economic design

This volume gathers some of the finest and most recent research in economic and political design. Among the authors are several most prominent academics as well as many new and promising researchers. They investigate social choice and electoral systems, auctions, matching, bargaining, coalitional stability and ...

Marketing 2.0

strategies for closer customer relationships

The dynamic changes in the market and the competitive environment demand a reorientation of marketing strategies. Developing and cultivating direct customer relationships and building customer trust are becoming key success factors. With new technologies such as broadband internet and mobile communication, companies are able to ...

Elementary probability theory

with stochastic processes and an introduction to mathematical finance

An introductory textbook on probability theory and its applications. The text examines basic concepts such as probability measure, random variable, distribution and expectation, fully treated without technical complications. Both the discrete and continuous cases are covered, but only the elements of calculus are used in ...