W.Schoutens – Levy Processes in Finance

W.Schoutens – Levy Processes in Finance

Here’s what you’ll get:

• Provides an introduction to the use of Lévy processes in finance.
• Features many examples using real market data, with emphasis on the pricing of financial derivatives.
• Covers a number of key topics, including option pricing, Monte Carlo simulations, stochastic volatility, exotic options and interest rate modelling.
• Includes many figures to illustrate the theory and examples discussed.
• Avoids unnecessary mathematical formalities.

The range of examples ensures the book will make a valuable reference source for practitioners from the finance industry including risk managers and financial product developers.

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