| Description |
xvi, 174 pages : illustrations, ; 24 cm |
| Series |
Springer Finance |
|
Springer finance.
|
| Contents |
Methodological Issues -- Credit and Collateral -- Endogenous Bankruptcy and Capital Structure -- Junior Debt -- Bank Runs -- Deposit Insurance -- Summary and Conclusion |
| Summary |
This book shows how to combine game theory and option pricing in order to analyze dynamic multiperson decision problems in continuous time and under uncertainty. The basic intuition of the method is to separate the problem of the valuation of payoffs from the analysis of strategic interactions. Whereas the former is to be handled using option pricing, the latter can be addressed by game theory. The text shows how both instruments can be combined and how game theory can be applied to complex problems of corporate finance and financial intermediation. -- book cover |
| Notes |
"Originally published with the title "A game theory analysis of options" as volume 468 in the series: Lecture Notes in Economics and mathematical Systems." -- verso of title-page |
| Bibliography |
Includes bibligraphical references |
| Subject |
Economics.
|
|
Finance.
|
|
Economics, Mathematical.
|
| ISBN |
9783642058462 |
|
3642058469 |
|
