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The value of uncertainty - George Kaye
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Title
The value of uncertainty - dealing with risk in the equity derivatives market
The value of uncertainty - dealing with risk in the equity derivatives market
Author
George Kaye
George Kaye
format
Hardback
Hardback
Publisher
Imperial College Press
Imperial College Press
Language
English
English
UK Publication Date
20130115
20130115
Description
Along with the extraordinary growth in the derivatives market over the last decade, the impact of model choice, and model parameter usage, has become a major source of valuation uncertainty. This book concentrates on equity derivatives and charts, step by step, how key assumptions on the dynamics of stocks impact on the value of exotics. The presentation is technical, but maintains a strong focus on intuition and practical application.
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