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The Paris-Princeton Lectures in Financial Mathematics, of which this is the third volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an introductory reference for research in the field. It arises as a result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. The present volume sets standards with articles by René Carmona, Ivar Ekeland/Erik Taflin, Arturo Kohatsu-Higa, Pierre-Louis Lions/Jean-Michel Lasry, and Hyuên Pham.




The Paris-Princeton Lectures in Financial Mathematics, of which this is the third volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an introductory reference for research in the field. It arises as a result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. The present volume sets standards with articles by Ren? Carmona, Ivar Ekeland/Erik Taflin, Arturo Kohatsu-Higa, Pierre-Louis Lions/Jean-Michel Lasry, and Hyu?n Pham.




The Paris-Princeton Lectures in Financial Mathematics, of which this is the third volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an introductory reference for research in the field. It arises as a result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. The present volume sets standards with articles by Ren? Carmona, Ivar Ekeland/Erik Taflin, Arturo Kohatsu-Higa, Pierre-Louis Lions/Jean-Michel Lasry, and Hyu?n Pham.


Content:
Front Matter....Pages i-viii
HJM: A Unified Approach to Dynamic Models for Fixed Income, Credit and Equity Markets....Pages 1-50
Optimal Bond Portfolios....Pages 51-102
Models for Insider Trading with Finite Utility....Pages 103-171
Large Investor Trading Impacts on Volatility....Pages 173-190
Some Applications and Methods of Large Deviations in Finance and Insurance....Pages 191-244
Back Matter....Pages 245-249


The Paris-Princeton Lectures in Financial Mathematics, of which this is the third volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an introductory reference for research in the field. It arises as a result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. The present volume sets standards with articles by Ren? Carmona, Ivar Ekeland/Erik Taflin, Arturo Kohatsu-Higa, Pierre-Louis Lions/Jean-Michel Lasry, and Hyu?n Pham.


Content:
Front Matter....Pages i-viii
HJM: A Unified Approach to Dynamic Models for Fixed Income, Credit and Equity Markets....Pages 1-50
Optimal Bond Portfolios....Pages 51-102
Models for Insider Trading with Finite Utility....Pages 103-171
Large Investor Trading Impacts on Volatility....Pages 173-190
Some Applications and Methods of Large Deviations in Finance and Insurance....Pages 191-244
Back Matter....Pages 245-249
....
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