@inbook{06fd7e5575e6471c9bcba94c0381ea33,
title = "Pricing Derivative Securities: A General Approach",
abstract = "This chapter extends the hedging argument developed in Chap. 7 and the martingale approach developed in Chap. 8 by allowing derivative securities to depend on multiple sources of risks and multiple underlying factors, some are tradable and some are not tradable. It provides a general PDE and martingale approaches to pricing derivative securities.",
keywords = "Excess Return, Option Price, Risk Free Rate, Risk Premium, Wiener Process",
author = "Carl Chiarella and He, {Xue Zhong} and Nikitopoulos, {Christina Sklibosios}",
note = "Publisher Copyright: {\textcopyright} 2015, Springer-Verlag Berlin Heidelberg.",
year = "2015",
doi = "10.1007/978-3-662-45906-5_10",
language = "English",
series = "Dynamic Modeling and Econometrics in Economics and Finance",
publisher = "Springer Science and Business Media Deutschland GmbH",
pages = "207--234",
booktitle = "Dynamic Modeling and Econometrics in Economics and Finance",
}