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The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies

by David M. Kreps

2020-12-30 00:44:25

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Examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models.
Examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models. Less

Book Details

Publication date September 19, 2019
Languageeng
ISBN9781108775502
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David M. Kreps
Author
David M. Kreps is the Adams Distinguished Professor of Management at Stanford University's Graduate School of Business. His books include A Course in Microeconomic Theory (Princeton), Game Theory and ...

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