tailieunhanh - Quantitative Analysis in Financial Markets

Continuous-time modeling in finance, though introduced by Louis Bachelier's 1900 thesis on the theory of speculation, really started with Merton's seminal work in the 1970s. Since then, the continuous-time paradigm has proved to be an immensely useful tool in finance and more generally economics. Continuous-time models are widely used to study issues that include the decision to optimally consume, save, and invest, portfolio choice under a variety of constraints, contingent claim pricing, capital accumulation, resource extraction, game theory, and more recently contract theory | Quantitative Analysis in Financial Markets ASSET-PRICING AND RISK MANAGEMENT DATA-DRIVEN FINANCIAL MODELS MODEL CALIBRATION AND VOLATILITY SMILES Marco Avellaneda Editor Collected papers of the New York University Mathematical Finance Seminar Volume II World Scientific Quantitative Analysis in Financial Markets Collected papers of the New York University Mathematical Finance Seminar Volume II QUANTITATIVE ANALYSIS IN FINANCIAL MARKETS Collected Papers of the New York University Mathematical Finance Seminar Editor Marco Avellaneda New York University Published Vol. 1 ISBN 981-02-3788-X ISBN 981-02-3789-8 pbk