Financial Modeling Under Non-Gaussian Distributions WHO International Programme on Chemical Safety abstract: In the course of

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Financial Modeling Under Non-Gaussian Distributions WHO International Programme on Chemical Safety abstract: In the course ofNon Gaussian distributions are the key theme of this book which addresses the causes and consequences of non normality and time dependency in both asset returns and option prices. The aim is to bridge the gap between theoretical developments and the practical implementations of what many users and researchers perceive as "sophisticated" models. The emphasis throughout is on practice: there are abundant empirical illustrations of the models and