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
Elisa Luciano
2017-01-01
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.
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.
