This is a summary of links featured on Quantocracy on Thursday, 08/10/2017. To see our most recent links, visit the Quant Mashup. Read on readers!
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Derivatives Pricing III: Models driven by L vy processes [Quant Start]In this article series QuantStart returns to the discussion of pricing derivative securities, a topic which was covered a few years ago on the site through an introduction to stochastic calculus. Imanol Prez, a PhD researcher in Mathematics at Oxford University, and an expert guest contributor to QuantStart describes how Lvy processes can be utilised to make the Black-Scholes model more