N N Taleb 1. Dynamic Hedging
نویسنده
چکیده
This chapter introduces the theoretical framework for the analysis of the execution of dynamic hedging. A discussion of the issues related to the application of financial theory to the microstructure of dynamic hedging is provided.. Among these issues is the “continuous time problem”, the “delta paradox”. This chapter also presents results related to the simplification of the risk neutral argument.
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