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The Mathematics of Arbitrage (Springer Finance)

Author Freddy Delbaen, Walter Schachermayer
Publisher Springer
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Book Details
PublisherSpringer
ISBN / ASIN3540219927
ISBN-139783540219927
AvailabilityUsually ships in 24 hours
Sales Rank857,192
MarketplaceUnited States 🇺🇸

Description

Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history of modern mathematical finance and now forms the cornerstone of this book.

Puts into book format a series of major results due mostly to the authors of this book.

Embeds highest-level research results into a treatment amenable to graduate students, with introductory, explanatory background.

Awaited in the quantitative finance community.