Search Results - subject:"financial modeling"

A Benchmark Approach to Filtering in Finance

Platen, Eckhard; Runggaldier, Wolfgang - In: Asia-Pacific Financial Markets 11 (2004) 1, pp. 79-105

The paper proposes the use of the growth optimal portfolio for pricing and hedging in incomplete markets when there are unobserved factors that have to be filtered. The proposed filtering framework is applicable also in cases when there does not exist an equivalent risk neutral martingale...

Persistent link: https://www.econbiz.de/10005727081

Model Uncertainty, Complexity and Rank in Finance

Los, Cornelis A. - EconWPA - 2004

There are three crucial mathematical system concepts in Finance, which are either being confused or misapplied - uncertainty, complexity and rank. First, the concept of epistemic uncertainty is sufficient for modeling and the concept of probability is unnecessary. This is illustrated by...

Persistent link: https://www.econbiz.de/10005119076

Financial Modeling based on the Trajectory Domain

Tsao, Chueh-Yung; Chen, Shu-Heng - Society for Computational Economics - SCE - 2003

Persistent link: https://www.econbiz.de/10005132914

Theory, Models and Implementation in Financial Management

McInnes, J. Morris; Carleton, Willard J. - In: Management Science 28 (1982) 9, pp. 957-978

, contributions to a normative theory, amenable to corporate financial modeling, are reviewed in some detail. The central propositions … of a normative theory are isolated to provide a basis of comparison for the practice of financial modeling, as observed … experience of ten years ago, computer-based financial modeling systems are today gaining much greater acceptance in business …

Persistent link: https://www.econbiz.de/10009204048

Financial Modeling, 3rd Edition

Benninga, Simon - The MIT Press

-world business. Financial Modeling bridges this gap between theory and practice by providing a nuts-and-bolts guide to solving common …

Persistent link: https://www.econbiz.de/10004973278

Financial Modeling, 2nd Edition

Benninga, Simon - The MIT Press

-world business. Financial Modeling bridges this gap between theory and practice by providing a nuts-and-bolts guide to solving common …

Persistent link: https://www.econbiz.de/10005034431