• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

Game Theory to price Options?

Bastian Gross

German Mathquant
Hi,
I want to introduce this book about Game Theory to price options by Shafer and Vovk?

<IFRAME style="WIDTH: 120px; HEIGHT: 240px" marginWidth=0 marginHeight=0 src="http://rcm.amazon.com/e/cm?t=quantfinaneng-20&o=1&p=8&l=as1&asins=0471402265&fc1=000000&IS2=1&lt1=_blank&lc1=0000FF&bc1=FFFFFF&bg1=F7F7F7&f=ifr" frameBorder=0 scrolling=no></IFRAME>

They construct an interesting new mathematical (and philosophical) framework for probability theory and pricing derivates by using game theory.
I think, that this framework make sometimes smile but is unimpressive. And price/performance-ratio is to high.
But if someone read "Probability and Finance: It's Only a Game!" at a library it's a new point of view.
 

Yuriy

MFE Alum
Might be an interesting book to read. I looked at the table of contents, some chapters promise to be enlightening (like "Neosubjectivism").
 

Bastian Gross

German Mathquant
The Game-Theoretic Probability and Finance Project

Here are some more game theory:
 

Attachments

  • The Game-Theoretic Probability and Finance Project 01.pdf
    393.6 KB · Views: 116
  • The Game-Theoretic Probability and Finance Project 02.pdf
    142.4 KB · Views: 58
  • The Game-Theoretic Probability and Finance Project 03.pdf
    347.7 KB · Views: 51
  • The Game-Theoretic Probability and Finance Project 04.pdf
    543.2 KB · Views: 45
  • The Game-Theoretic Probability and Finance Project 07.pdf
    260.1 KB · Views: 48
  • The Game-Theoretic Probability and Finance Project 13.pdf
    230.4 KB · Views: 51
  • The Game-Theoretic Probability and Finance Project 19.pdf
    258.3 KB · Views: 52
  • The Game-Theoretic Probability and Finance Project 26.pdf
    224.4 KB · Views: 48
Top