Description: Convex Duality and Financial Mathematics, Paperback by Carr, Peter; Zhu, Qiji Jim, ISBN 3319924915, ISBN-13 9783319924915, Brand New, Free shipping in the US
This book provides a concise introduction to convex duality in financial mathematics. Convex duality plays an essential role in dealing with financial problems and involves maximizing concave utility functions and minimizing convex risk measures. Recently, convex and generalized convex dualities have shown to be crucial in the process of the dynamic hedging of contingent claims. Common underlying principles and connections between different perspectives are developed; results are illustrated through graphs and explained heuristically. This book can be used as a reference and is aimed toward graduate students, researchers and practitioners in mathematics, finance, economics, and optimization.
Topics include: Markowitz portfolio theory, growth portfolio theory, fundamental theorem of asset pricing emphasizing the duality between utility optimization and pricing by martingale measures, risk measures and its dual representation, hedging and super-hedging and its relationship with linear programming duality and the duality relationship in dynamic hedging of contingent claims
Price: 92.45 USD
Location: Jessup, Maryland
End Time: 2024-09-24T02:03:58.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Book Title: Convex Duality and Financial Mathematics
Number of Pages: Xiii, 152 Pages
Publication Name: Convex Duality and Mathematical Finance
Language: English
Publisher: Springer International Publishing A&G
Subject: Game Theory, Operations Research, Applied, Business Mathematics, Mathematical Analysis
Publication Year: 2018
Item Weight: 16 Oz
Type: Textbook
Subject Area: Mathematics, Business & Economics
Item Length: 9.3 in
Author: Qiji Jim Zhu, Peter Carr
Series: Springerbriefs in Mathematics Ser.
Item Width: 6.1 in
Format: Trade Paperback
