Found 2 relevant results in 3.67s where lecturer="Delia Marina Coculescu Nikeghbali Cisakht"

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401-3913-00L 2003W , 2004W , 2005W , 2006W , 2007W , 2008W 5 Credits NDS D-MATH

The course aims at providing an introduction to mathematical finance. Starting from a review of probability theory and a summary of martingale theory, an introduction to stochastic integration including its application to mathematical finance will be given. Topics addressed include Ito's formula, Girsanov's Theorem, put-call parity and option pricing in the Black-Scholes Model.

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401-4910-58L 2008W 6 Credits MSC D-MATH

The object of this seminar is to study the so-called g-evaluations and g-expectations, defined by solutions of a backward stochastic differential equation with g as its generating function. These provide a dynamic pricing mechanisms of financial derivatives. The well-known Black-Scholes formula is a typical model where the corresponding generating function g of the BSDE is a linear function.