This book introduces the economic applications of the theory of continuous-time finance, with the goal of enabling the construction of realistic models, particularly those involving incomplete markets. Indeed, most recent applications of continuous-time finance aim to capture the imperfections and dysfunctions of financial markets—characteristics that became especially apparent during the market turmoil that started in 2008.

The economics of continuous-time finance

Luciano E.;DUMAS, Bernard
2017

Abstract

This book introduces the economic applications of the theory of continuous-time finance, with the goal of enabling the construction of realistic models, particularly those involving incomplete markets. Indeed, most recent applications of continuous-time finance aim to capture the imperfections and dysfunctions of financial markets—characteristics that became especially apparent during the market turmoil that started in 2008.
MIT press
1
621
9780262036542
https://mitpress.mit.edu/books/economics-continuous-time-finance
Finanza, Economia Finanziaria, Mercati Incompleti, Asset Pricing, Equilibri
Luciano, E.; Dumas, B.
File in questo prodotto:
File Dimensione Formato  
Luciano_MIT_book_17_part1.pdf

Accesso riservato

Tipo di file: PDF EDITORIALE
Dimensione 6.24 MB
Formato Adobe PDF
6.24 MB Adobe PDF   Visualizza/Apri   Richiedi una copia
Luciano_MIT_book_17_part2.pdf

Accesso riservato

Tipo di file: PDF EDITORIALE
Dimensione 6.24 MB
Formato Adobe PDF
6.24 MB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2318/1653918
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact