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Informationen zum Autor Dilip Madan is Professor of Mathematical Finance at the Robert H. Smith School of Business. He currently serves as a consultant to Morgan Stanley, Norges Bank Investment Management and MarketToppers. He has also consulted with Citigroup, Bloomberg, the FDIC, Wachovia Securities, Caspian Capital and Meru Capital. He is a founding member and past President of the Bachelier Finance Society. Wim Schoutens is a Professor of Financial Engineering at Katholieke Universiteit Leuven, Belgium. He has extensive practical experience of model implementation and is well known for his consulting work to the banking industry and other institutions. Schoutens has authored several books on a variety of financial engineering-related topics such as Lévy processes, credit risk and contingent capital. He is also Managing Editor of the International Journal of Theoretical and Applied Finance and Quantitative Finance and Associate Editor of Mathematical Finance and Review of Derivatives Research. Klappentext A comprehensive introduction to the brand new theory of conic finance, offering a quantitative and practical approach. Zusammenfassung This book introduces the new theory of conic finance! or two-price theory! which determines bid and ask prices in a consistent and motivated manner. The authors cover the fundamentals of the theory! various advanced quantitative models and numerous real-world applications! with practical examples and case studies. Inhaltsverzeichnis 1. Financial mathematics principles; 2. Stochastic processes and financial models; 3. Numerical techniques; 4. Conic finance; 5. Conic pricing; 6. Applications of conic finance; 7. Conic portfolio theory; 8. Conic hedging; 9. Hedging insurance contracts; 10. Option positioning; 11. Conic trading; Bibliography; Index.
