Regroupe 20 articles parus dans la rubrique Logique et calcul de la revue "Pour la science". Un jeu avec des nombres, avec des cartes, avec des casse-tête, avec des images, introduit des raisonnements et fait découvrir des structures abstraites inattendues, parfois nouvelles, to…
This is a short book on the fundamental concepts of the no-arbitrage theory of pricing financial derivatives. Its scope is limited to the general discrete setting of models for which the set of possible states is finite and so is the set of possible trading times - this includes…
This is a short book on the fundamental concepts of the no-arbitrage theory of pricing financial derivatives. Its scope is limited to the general discrete setting of models for which the set of possible states is finite and so is the set of possible trading times - this includes…
This volume offers the reader practical methods to compute the option prices in the incomplete asset markets. The [GLP & MEMM] pricing models are clearly introduced, and the properties of these models are discussed in great detail. It is shown that the geometric Levy process (GL…