Financial Modeling Under Non-gaussian Distributions

"Non-Gaussian distributions are the key theme of this book which addresses the causes and consequences of non-normality and time dependency in both asset returns and option prices. One of the main aims is to bridge the gap between the theoretical developments and the practical implementations of what many users and researchers perceive as "sophisticated" models or black boxes. The book is written for non-mathematicians who want to model financial market prices so the emphasis throughout is on practice. There are abundant empirical illustrations of the models and techniques described, many of which could be equally applied to other financial time series, such as exchange and interest rates. The authors have taken care to make the material accessible to anyone with a basic knowledge of statistics, calculus, and probability, while at the same time preserving the mathematical rigor and complexity of the original models."--BOOK JACKET.Jondeau, Eric is the author of 'Financial Modeling Under Non-gaussian Distributions ', published 2006 under ISBN 9781846284199 and ISBN 1846284198.