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Abstract

In this chapter we briefly describe the basic concepts of stochastic market models. Further, we introduce a multystock stochastic continuous-time market model that will be used in the following chapters, and we give some necessary definitions.

Keywords

Stock Price Call Option Strike Price Initial Wealth Standard Wiener Process 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 2002

Authors and Affiliations

  • Nikolai Dokuchaev
    • 1
    • 2
  1. 1.The Institute of Mathematics and MechanicsSt. Petersburg State UniversitySt. PetersburgRussia
  2. 2.Department of Mathematics and Computer ScienceThe University of West IndiesKingston 7Jamaica

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