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Product Details 基本信息 ISBN-13 书号 9789811246487 Author 作者 Brody Dorje et al Format 版本 精装 Pages Number 页数 444 pp页 Publisher 出版社 World Scientific Publishing Publication Date 出版日期 2022-01-18 Language 语种 其它(含多语) Book Contents 内容简介 The Brody-Hughston-Macrina approach to information-based asset pricing introduces a new way of looking at the mechanisms determining price movements in financial markets. The resulting theory of financial informatics is applicable across a wide range of asset classes and is distinguished by its emphasis on the explicit modelling of market information flows. In the BHM theory, each asset is defined by a collection of cash flows and each such cash flow is associated with a family of one or more so-called information processes that provide partial information about the cash flow. The theory is highly appealing on an intuitive basis: it is directly
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