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2002 | OriginalPaper | Chapter

Martingale and Numeraire

Author : Hans-Peter Deutsch

Published in: Derivatives and Internal Models

Publisher: Palgrave Macmillan UK

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The most important and profound concept that the reader may have gained from the material presented in this book so far is that of risk neutrality, which can be summarized as follows

Metadata
Title
Martingale and Numeraire
Author
Hans-Peter Deutsch
Copyright Year
2002
Publisher
Palgrave Macmillan UK
DOI
https://doi.org/10.1057/9780230502109_14