Actuarial finance : derivatives, quantitative models and risk management /
A new textbook offering a comprehensive introduction to models and techniques for the emerging field of actuarial Finance Drs. Boudreault and Renaud answer the need for a clear, application-oriented guide to the growing field of actuarial finance with this volume, which focuses on the mathematical m...
| Main Authors: | , , , |
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| Format: | Book |
| Language: | English |
| Published: |
Hoboken, NJ :
John Wiley Sons, Inc.,
2019
Hoboken, NJ : John Wiley & Sons, Inc., 2019 Hoboken, NJ : John Wiley and Sons, Inc., 2019 Hoboken, NJ : John Wiley, 2019 |
| Subjects: |
Table of Contents:
- Actuaries and their environment
- Financial markets and their securities
- Forwards and futures
- Swaps
- Options
- Engineering advanced derivatives
- Equity-linked insurance and annuities
- One-period binomial tree model
- Two-period binomial tree model
- Multi-period binomial tree model
- Further topics in the binomial tree model
- Market incompleteness and one-period trinomial tree models
- Brownian motion
- Introduction to stochastic calculus
- Introduction to the Black-Scholes-Merton model
- Rigorous derivations of the Black-Scholes formula
- Applications and extensions of the Black-Scholes formula
- Simulation methods
- Hedging strategies in practice
- The actuary and its environment
- Financial markets and their securities
- Forwards and futures
- Swaps
- Options
- Engineering basic options
- Engineering advanced derivatives
- Equity-linked insurance and annuities
- One-period binomial tree model
- Two-period binomial tree model
- Multi-period binomial tree model
- Further topics in the binomial tree model
- Market incompleteness and one-period trinomial tree models
- Brownian motion
- Introduction to stochastic calculus
- Introduction to the black-scholes-merton model
- Rigorous derivations of the black-scholes formula
- Applications and extensions of the black-scholes formula
- Simulation methods
- Hedging strategies in practice