Publication

2004-09-20 - Wiley

Language

English

Word Count

216,000 words, Guess

Page Count

864 pages

Identifiers

and 3 more
  • Library of Congress Control Number2004004223
  • LibraryThing733869
  • Goodreads1992618

Classifications

  • LCCHG6024.A3R43 2004

Description

"Volatility and Correlation in the Pricing of Equity, FX and Interest-Rate Options is split into three sections." "In the first, an introduction is presented to the complex concepts of correlation and volatility encountered in equity/FX and interest-rate option pricing, aimed at providing practitioners with a better informed choice when deciding which models to utilise." "The author then moves on to the problem of smiles, with considerable emphasis placed on option pricing when markets are incomplete.". "The analysis of the third part deals with the role of volatility and correlation in the context of interest-rate models."--BOOK JACKET.

First Sentence

The purpose of this chapter is threefold: first, I intend to explain the fundamental difference between the treatment of volatilities and correlations in the case of equities and FX on the one hand, and of interest rates on the other.

Excerpt

The purpose of this chapter is threefold: first, I intend to explain the fundamental difference between the treatment of volatilities and correlations in the case of equities and FX on the one hand, and of interest rates on the other.

Subjects

Other Editions

  • Volatility and CorrelationWiley2004-09-20

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