Paris-Princeton Lectures on Mathematical Finance 2003
Tomas Bjork, Jose A. Scheinkman, Monique Jeanblanc, et al.
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Naturwissenschaften, Medizin, Informatik, Technik / Mathematik
Beschreibung
The Paris-Princeton Lectures in Financial Mathematics, of which this is the second volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an introductory reference for research in the field. It arises as a result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. This volume presents the following articles: "e;Hedging of Defaultable Claims"e; by T. Bielecki, M. Jeanblanc, and M. Rutkowski; "e;On the Geometry of Interest Rate Models"e; by T. Bjork; "e;Heterogeneous Beliefs, Speculation and Trading in Financial Markets"e; by J.A. Scheinkman, and W. Xiong.