Stochastic Dominance Option Pricing

Discover the groundbreaking insights of "Stochastic Dominance Option Pricing" by Stylianos Perrakis, published by Springer Nature Switzerland AG in 2019. This compelling hardback edition spans 277 pages and explores the innovative application of stochastic dominance within option markets.

Perrakis presents a fresh approach to option pricing, challenging the conventional no-arbitrage simultaneous equilibrium model prevalent in frictionless markets. By delving into the economic concept of stochastic dominance, the author offers readers an alternative paradigm that enhances their understanding of option pricing dynamics.

This book is an essential resource for finance professionals, scholars, and anyone interested in modern financial theories. Enhance your academic or professional library with this informative and thought-provoking work that bridges theory and practical application in the complex world of options trading.