{"product_id":"9781848163478","title":"Option Pricing in Incomplete Markets: Modeling Based on Geometric L'evy Processes and Minimal Entropy Martingale Measures","description":"\u003cp\u003eThis volume offers the reader practical methods to compute the option prices in the incomplete asset markets. The [GLP \u0026amp; MEMM] pricing models are clearly introduced, and the properties of these models are discussed in great detail. It is shown that the geometric Lévy process (GLP) is a typical example of the incomplete market, and that the MEMM (minimal entropy martingale measure) is an extremely powerful pricing measure.This volume also presents the calibration procedure of the [GLP \u0026amp; MEMM] model that has been widely used in the application of practical problems.\u003c\/p\u003e","brand":"Imperial College Press","offers":[{"title":"Default Title","offer_id":47062740730096,"sku":"9781848163478","price":98.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781848163478_p0.jpg?v=1763749702","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781848163478","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}