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This textbook on the basics of option pricing is accessible to readers with limited mathematical training. It is for both professional traders and undergraduates studying the basics of finance. Assuming no prior knowledge of probability, Sheldon M. Ross offers clear, simple explanations of arbitrage, the Black-Scholes option pricing formula, and other topics such as utility functions, optimal portfolio selections, and the capital assets pricing model. Among the many new features of this third edition are new chapters on Brownian motion and geometric Brownian motion, stochastic order relations and stochastic dynamic programming, along with expanded sets of exercises and references for all the chapters.
Discussing Italian Fascism, scholars start with the year 1922, not just the last years of the system, including the 1938-1943 racial laws. It appears that it takes some time for a fascist system to establish itself (Lyttelton, 2004). Therefore, it is essential to recognise the early warning signs of fascism to avoid its emergence in full bloom.Clerical fascism is a specific type of fascism. It is a nationalistic political system rejecting liberal democracy considered hostile to the 'Christian tradition', social changes, including women's rights and sexual liberalism, and a notion of 'restoring' Western culture (Pollard, 2007, p. 434).This publication argues why it is justifiable to consider ...
DANSE MACABRE to nietypowa antologia. Nie jest ona jedynie zbiorem opowiadań, ale antologią różnych gatunków literacko-pla stycznych, oprócz opowiadań są tu komiksy, scenariusze filmowe, dramaty sceniczne, wiersze, ilustracje, a nawet w tym wydaniu FILM ! Wszystko w tematyce grozy. Autorzy prac to w znacznej mierze debiutanci, których wyłoniliśmy poprzez konkurs literacko-plastyczny ogłoszony na stronie www.polskihorror.pl i w branżowych portalach. Spośród 117 prac, które wpłynęły w 2008 roku jury, złożone z wybitnych postaci świata horroru (w składzie: Marek Piestrak, Łukasz Orbitowski, Iza Szolc) wybrało z każdej kategorii najciekawsze prace, które pu...
This account of the voyage across the east-west axis of the Baltic Sea explores the evidence for the sites described -- and also those purposefully omitted -- by Wulfstan during the 9th century.
Introduction to Econometrics has been significantly revised to include new developments in the field. The previous editions of this text were renowned for Maddala's clear exposition and the presentation of concepts in an easily accessible manner. Features: * New chapters have been included on panel data analysis, large sample inference and small sample inference * Chapter 14 Unit Roots and Cointegration has been rewritten to reflect recent developments in the Dickey-Fuller (DF), the Augmented Dickey-Fuller (ADF) tests and the Johansen procedure * A selection of data sets and the instructor's manual for the book can be found on our web site Comments on the previous edition: 'Maddala is an outstanding econometrician who has a deep understaning of the use and potential abuse of econometrics...' 'The strengths of the Maddala book are its simplicity, its accessibility and the large number of examples the book contains...' 'The second edition is well written and the chapters are focused and easy to follow from beginning to end. Maddala has an oustanding grasp of the issues, and the level of mathematics and statistics is appropriate as well.'
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The Athens of Socrates's time has gone down in history as the very place where democracy and freedom of speech were born. Yet this city put Socrates, its most famous philosopher, to death. Presumably this was because it citizens did not like what he was teaching. Yet he had been teaching there all his life, unmolested. Why did they wait until he was 70, and had only a few years to live, before executing him? In unraveling the long-hidden issues of the most famous free speech case of all time, noted author I.F. Stone ranges far and wide over both Roman and Greek history to present an engaging and rewarding introduction to classical antiquity and its relevance to society today.
Römerzeit - Osteuropa - Grab/Gräberfeld.