Option Pricing In Incomplete Markets: Modeling Based On Geometric L'evy Processes And Minimal Entropy Martingale Measures

Discover the intricacies of financial markets with "Option Pricing In Incomplete Markets: Modeling Based On Geometric L'evy Processes And Minimal Entropy Martingale Measures" by Imperial College Press. Published in 2011, this essential hardback edition spans 200 pages, providing readers with practical methods to compute option prices in incomplete asset markets. The book delves into the geometric Lévy process (GLP), illustrating its significance as a typical example of an incomplete market. Additionally, it presents the minimal entropy martingale measure (MEMM) as a powerful pricing tool, offering insights into advanced pricing models. Perfect for finance professionals and students alike, this title equips you with the knowledge to navigate the complexities of option pricing in today's financial landscape. Enhance your understanding and stay ahead in the field with this valuable resource.