{"product_id":"9781848169180","title":"Option Pricing In Incomplete Markets: Modeling Based On Geometric L'evy Processes And Minimal Entropy Martingale Measures: Modeling Based on Geometric LÃvy 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.\u003c\/p\u003e\u003cp\u003eThis 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\u003cb\u003eContents:\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eBasic Concepts in Mathematical Finance\u003c\/li\u003e\n\u003cli\u003eLévy Processes and Geometric Lévy Process Models\u003c\/li\u003e\n\u003cli\u003eEquivalent Martingale Measures\u003c\/li\u003e\n\u003cli\u003eEsscher Transformed Martingale Measures\u003c\/li\u003e\n\u003cli\u003eMinimax Martingale Measures and Minimal Distance Martingale Measures\u003c\/li\u003e\n\u003cli\u003eMinimal Distance Martingale Measures for Geometric Lévy Processes\u003c\/li\u003e\n\u003cli\u003eThe [GLP \u0026amp; MEMM] Pricing Model\u003c\/li\u003e\n\u003cli\u003eCalibration and Fitness Analysis of the [GLP \u0026amp; MEMM] Model\u003c\/li\u003e\n\u003cli\u003eThe [GSP \u0026amp; MEMM] Pricing Model\u003c\/li\u003e\n\u003cli\u003eThe Multi-Dimensional [GLP \u0026amp; MEMM] Pricing Model\u003c\/li\u003e\n\u003c\/ul\u003e\u003cbr\u003e\u003cb\u003eReadership:\u003c\/b\u003e Academics, graduate students and practitioners in mathematical finance.\u003cbr\u003e","brand":"Imperial College Press","offers":[{"title":"Default Title","offer_id":47137084408048,"sku":"9781848169180","price":23.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781848169180_p0.jpg?v=1763750083","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781848169180","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}