Financial Derivatives explores the contemporary world of financial derivatives, starting with a presumption of only a … general public. As such, the chapters in this book provide a comprehensive understanding of financial derivatives. Financial … Derivatives is comprised of 37 chapters organized into six parts …

Memorial Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives. After receiving a Ph.D. in … portfolio selection, capital asset pricing, pricing of derivative securities, credit risk, loan guarantees, financial innovation …

of numerical methods for pricing, hedging, and risk management of financial instruments. …

rate dynamics, and basic principles of pricing interest rate derivatives. …