Dilip Madan: 2 books
Stochastic Processes, Finance and Control
A Festschrift in Honor of Robert J Elliott
Language: English
Release Date: August 10, 2012
This book consists of a series of new, peer-reviewed papers in stochastic processes, analysis, filtering and control, with particular emphasis on mathematical finance, actuarial science and engineering. Paper contributors include colleagues, collaborators and former students of Robert Elliott, many...
by Dilip Madan, Wim Schoutens
Language: English
Release Date: October 13, 2016
Language: English
Release Date: October 13, 2016
This is a comprehensive introduction to the brand new theory of conic finance, also referred to as the two-price theory, which determines bid and ask prices in a consistent and fundamentally motivated manner. Whilst theories of one price classically eliminate all risk, the concept of acceptable risks...