Deep hedging

H Buehler, L Gonon, J Teichmann, B Wood - Quantitative Finance, 2019‏ - Taylor & Francis
We present a framework for hedging a portfolio of derivatives in the presence of market
frictions such as transaction costs, liquidity constraints or risk limits using modern deep …

[ספר][B] Controlled Markov processes and viscosity solutions

WH Fleming, HM Soner - 2006‏ - books.google.com
This book is an introduction to optimal stochastic control for continuous time Markov
processes and the theory of viscosity solutions. It covers dynamic programming for …

[ספר][B] Methods of mathematical finance

I Karatzas, SE Shreve, I Karatzas, SE Shreve - 1998‏ - Springer
This book is intended for readers who are quite familiar with probability and stochastic
processes but know little or nothing about finance. It is written in the definition/theorem/proof …

[ספר][B] Dynamic asset pricing theory

D Duffie - 2010‏ - books.google.com
This is a thoroughly updated edition of Dynamic Asset Pricing Theory, the standard text for
doctoral students and researchers on the theory of asset pricing and portfolio selection in …

[ספר][B] Martingale methods in financial modelling

M Musiela, M Rutkowski - 2006‏ - books.google.com
In the 2nd edition some sections of Part I are omitted for better readability, and a brand new
chapter is devoted to volatility risk. As a consequence, hedging of plain-vanilla options and …

[ספר][B] Tools for computational finance

R Seydel, R Seydel - 2006‏ - Springer
Universitext is a series of textbooks that presents material from a wide variety of
mathematical disciplines at master's level and beyond. The books, often well class-tested by …

Pricing via utility maximization and entropy

R Rouge, N El Karoui - Mathematical Finance, 2000‏ - Wiley Online Library
In a financial market model with constraints on the portfolios, define the price for a claim C as
the smallest real number p such that supπ E [U (XTx+ p, π− C)]≥ supπ E [U (XTx, π)], where …

Liquidity risk and arbitrage pricing theory

U Cetin, RA Jarrow, P Protter - Finance and stochastics, 2004‏ - Springer
Classical theories of financial markets assume an infinitely liquid market and that all traders
act as price takers. This theory is a good approximation for highly liquid stocks, although …

A solution approach to valuation with unhedgeable risks

T Zariphopoulou - Finance and stochastics, 2001‏ - Springer
We study a class of stochastic optimization models of expected utility in markets with
stochastically changing investment opportunities. The prices of the primitive assets are …

[ספר][B] Markets with Transaction Costs Mathematical Theory

Y Kabanov - 2009‏ - Springer
This book contains an introduction to the mathematical theory of financial markets with
proportional transaction costs. Traditionally, a theoretical analysis of models with market …