Probability and Finance
It's Only a Game!
Published on 25. June 2001
Book
Hardback
XIV, 426 pages
978-0-471-40226-8 (ISBN)
Description
Provides a foundation for probability based on game theory rather than measure theory.
* A strong philosophical approach with practical applications.
* Presents in-depth coverage of classical probability theory as well as new theory.
Reviews / Votes
"....an interesting new mathematical and philosophical framework for probability..." (Zentralblatt Math, Vol.985, No.10, 2002) "...a creative, entertaining and imaginative book..." (Short Book Reviews, August 2002)More details
Series
Edition
1. Auflage
Language
English
Place of publication
New York
United States
Publishing group
John Wiley and Sons Ltd
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 24 cm
Width: 16.2 cm
Thickness: 2.5 cm
Weight
737 gr
ISBN-13
978-0-471-40226-8 (9780471402268)
Schweitzer Classification
Other editions
New editions
Glenn Shafer | Vladimir Vovk
Game-Theoretic Foundations for Probability and Finance
Book
06/2019
Wiley-Blackwell
€109.50
Shipment within 10-20 days
Persons
GLENN SHAFER, PhD, is Professor in the Graduate School of Management at Rutgers University. He is also the author of The Art of Causal Conjecture, Probabilistic Expert Systems, and A Mathematical Theory of Evidence.
VLADIMIR VOVK, PhD, is Professor in the Department of Computer Science at Royal Holloway, University of London.
Content
Preface.
Probability and Finance as a Game.
PROBABILITY WITHOUT MEASURE.
The Historical Context.
The Bounded Strong Law of Large Numbers.
Kolmogorov's Strong Law of Large Numbers.
The Law of the Iterated Logarithm.
The Weak Laws.
Lindeberg's Theorem.
The Generality of Probability Games.
FINANCE WITHOUT PROBABILITY.
Game-Theoretic Probability in Finance.
Games for Pricing Options in Discrete Time.
Games for Pricing Options in Continuous Time.
The Generality of Game-Theoretic Pricing.
Games for American Options.
Games for Diffusion Processes.
The Game-Theoretic Efficient-Market Hypothesis.
References.
Photograph Credits.
Notation.
Index.