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Exotic Option Pricing and Advanced Lévy Models (Wilmott Collection)
By: Wilmott, Paul (Editor), and Schoutens, Wim (Editor), and Kyprianou, Andreas (Editor)
List Price: $180.00
Format: Hardcover | |
Summary:
Since around the turn of the millennium there has been a general acceptance that one of the more practical improvements one may make in the light of the shortfalls of the classical Black-Scholes model is to replace the underlying source of randomness, a Brownian motion, by a Lévy process. Working with Lévy...
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