Exotic Options

副标题: The State of the Art

ISBN: 9780412631702

出版社: International Thomson Publishing Services

出版年: 1997-03

定价: USD 143.95

装帧: Hardcover

内容简介

he over-the-counter market in exotic options continues to expand both in volume and complexity. This book brings together leading international experts in an authoritative, practical and up-to-date guide to the valuation and hedging of standard exotic options. It is the first to explore each type of option in detail and will be the definitive handbook for all those who need clearer practical understanding of these sophisticated instruments. Despite this, comprehensive sources of information on exotic options are very sparse. As far as pricing is concerned, there are a few methods for some of the very simplest exotics published in the academic literature and a few more in the trade journal. In this book we present a collection of papers written by practitioners and academics working in the area which will provide a comprehensive source identifying the uses of exotic options from a risk management perspective, and how they can be practically priced and hedged.