The Mathematics of Arbitrage
  • Author : Freddy Delbaen
  • Release Date : 14 February 2006
  • Publisher : Springer Science & Business Media
  • Genre : Mathematics
  • Pages : 371
  • ISBN 13 : 3540312994
  • Total Download : 393
  • File Size : 55,9 Mb
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The Mathematics of Arbitrage PDF Summary

Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history of modern mathematical finance and now forms the cornerstone of this book. Puts into book format a series of major results due mostly to the authors of this book. Embeds highest-level research results into a treatment amenable to graduate students, with introductory, explanatory background. Awaited in the quantitative finance community.