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Hyperfinite Mathematical Finance

  • Chapter
Nonstandard Analysis

Part of the book series: NATO ASI Series ((ASIC,volume 493))

Abstract

Financial markets have provided one of the most remarkable growth industries in the past two decades, and now constitute a major source of employment for graduates with high levels of mathematical expertise. The principal reason for this phenomenon lies in the explosive growth of the market in derivatives, whose levels of activity now frequently exceed the underlying markets on which their products are based. The variety and complexity of new financial instruments is often bewildering, and much effort goes into the analysis of the mathematical models on which their existence is predicated.

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Author information

Authors and Affiliations

  1. School of Mathematics, University of Hull, Hull HU6 7RX, England, UK

    P. Ekkehard Kopp

Authors
  1. P. Ekkehard Kopp
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Editor information

Editors and Affiliations

  1. University of Gothenburg, Sweden

    Leif O. Arkeryd

  2. University of Hull, England

    Nigel J. Cutland

  3. University of Illinois, Urbana-Champaign, USA

    C. Ward Henson

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© 1997 Springer Science+Business Media Dordrecht

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Kopp, P.E. (1997). Hyperfinite Mathematical Finance. In: Arkeryd, L.O., Cutland, N.J., Henson, C.W. (eds) Nonstandard Analysis. NATO ASI Series, vol 493. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-5544-1_10

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  • DOI: https://doi.org/10.1007/978-94-011-5544-1_10

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-6335-7

  • Online ISBN: 978-94-011-5544-1

  • eBook Packages: Springer Book Archive

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