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Stochastic Finance: A Numeraire Approach by Jan Vecer (English) Paperback Book - Picture 1 of 1

Stochastic Finance: A Numeraire Approach by Jan Vecer (Paperback, 2017)

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The author uses the binomial model to illustrate the relativity of the reference asset. a nice book for researchers and practitioners. this book can be regarded as a wonderful application of stochastic analysis, as it includes not only detailed theoretical proofs but also practical illustrative examples.