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Affine Processes and Application in Finance / Darrel Duffie, Damir Filipović, Walter Schachermayer.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Duffie, Darrel.
Contributor:
National Bureau of Economic Research.
Filipović, Damir.
Schachermayer, Walter.
Series:
Technical Working Paper Series (National Bureau of Economic Research) no. t0281.
NBER technical working paper series no. t0281
Language:
English
Subjects (All):
Affine algebraic groups.
Finance--Mathematical models.
Finance.
Business mathematics.
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2002.
Cambridge, Mass. : National Bureau of Economic Research, 2002.
Summary:
We provide the definition and a complete characterization of regular affine processes. This type of process unifies the concepts of continuousstate branching processes with immigration and Ornstein-Uhlenbeck type processes. We show, and provide foundations for, a wide range of financial applications for regular affine processes.
Notes:
Print version record
September 2002.

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