Asset Pricing II Spring 2009


Asset Pricing II is a PhD-course offered by the
Danish Doctoral School of Finance. The focus is on the "no arbitrage" pricing in continuous-time models. The course consists of 5 2-day sessions. The 1st and 2nd sessions are is taught by Bjarne Astrup Jensen, the 3rd and 4th sessions by Rolf Poulsen, and 5th session by Jim Gatheral from Merril Lynch. In the former parts of the course we use Tomas Björk's book Arbitrage Theory in Continuous Time. The latter parts - in particular the final session - will be based on Jim Gatheral's book The Volatility Surface: A Practitioner's Guide.

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