Click Here to Download: https://ouo.io/ArnpBN The Black–Scholes–Merton Model as an Idealization of Discrete-Time Economies By: David M. Kreps Publisher: Cambridge University Press Print ISBN: 9781108486361, 1108486363 eText ISBN: 9781108775502, 1108775500 Format: PDF Available from $ 32.00 USD SKU 9781108775502 This book examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models. Mainstream financial economists and economic theorists who want to understand important ideas and results from the highly mathematical literature of financial mathematics will find this book an invaluable aid.
