Discrete TimeFinance
Discrete TimeFinance ArXiv ID: ssrn-976589 “View on arXiv” Authors: Unknown Abstract These are my Lecture Notes for a course in Discrete Time Finance which I taught in the Winter term 2005 at the University of Leeds. I am aware that the notes ar Keywords: Discrete Time Finance, Derivatives Pricing, Risk Management, Stochastic Calculus, Derivatives Complexity vs Empirical Score Math Complexity: 8.5/10 Empirical Rigor: 1.0/10 Quadrant: Lab Rats Why: The content is heavily theoretical, focused on rigorous mathematical derivations and proofs common in academic finance courses, while there is no mention of data, backtests, or practical implementation. flowchart TD A["Research Goal: Pricing & Hedging in<br>Discrete Time Models"] --> B["Key Inputs: Probability Space,<br>Adapted Processes, Filtration"] B --> C["Methodology: Dynamic Programming<br>& Martingale Representation"] C --> D["Computational Process:<br>Recursive Pricing Algorithms"] D --> E["Key Outcome 1: Fundamental<br>Theorem of Asset Pricing"] D --> F["Key Outcome 2: Optimal<br>Discrete Hedging Strategies"]