Cover of Freddy Delbaen, Walter Schachermayer: Mathematics of Arbitrage

Freddy Delbaen, Walter Schachermayer Mathematics of Arbitrage

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Springer Berlin Heidelberg

2006

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978-3-540-31299-4

3-540-31299-4

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Proof of the "Fundamental Theorem of Asset Pricing" in its general form by Delbaen and Schachermayer was a milestone in the history of modern mathematical finance and now forms the cornerstone of this book.Puts into book format a series of major results due mostly to the authors of this book.Embeds highest-level research results into a treatment amenable to graduate students, with introductory, explanatory background.Awaited in the quantitative finance community.

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