• Title of article

    Transition probability functions for martingale laws of bond prices

  • Author/Authors

    Carrière، نويسنده , , J.F.، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    7
  • From page
    393
  • To page
    399
  • Abstract
    In this article, the joint transition probability density function of a finite collection of bonds is derived under a martingale valuation law. An application to European options is also given.
  • Keywords
    European options , Itô calculus , Numéraire , Green’s function , stochastic differential equations
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    2001
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1542397