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Applied Conic Finance, Hardback Book

Description

This is a comprehensive introduction to the brand new theory of conic finance, also referred to as the two-price theory, which determines bid and ask prices in a consistent and fundamentally motivated manner.

Whilst theories of one price classically eliminate all risk, the concept of acceptable risks is critical to the foundations of the two-price theory which sees risk elimination as typically unattainable in a modern financial economy.

Practical examples and case studies provide the reader with a comprehensive introduction to the fundamentals of the theory, a variety of advanced quantitative models, and numerous real-world applications, including portfolio theory, option positioning, hedging, and trading contexts.

This book offers a quantitative and practical approach for readers familiar with the basics of mathematical finance to allow them to boldly go where no quant has gone before.

Information

  • Format: Hardback
  • Pages: 198 pages, Worked examples or Exercises; 20 Tables, black and white; 38 Halftones, black and white;
  • Publisher: Cambridge University Press
  • Publication Date:
  • Category: Finance
  • ISBN: 9781107151697

£70.99

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