PROBABILITY

Degree course: 
Corso di First cycle degree in ECONOMICS AND MANAGEMENT
Academyc year when starting the degree: 
2015/2016
Year: 
3
Academyc year when helding the course: 
2015/2016
Course type: 
Optional subjects
Credits: 
3
Period: 
First Trimestre
Standard lectures hours: 
20
Detail of lecture’s hours: 
Lesson (20 hours)
Requirements: 

Matematica Generale
Matematica per l'Economia e la Finanza
Statistica

Final Examination: 
Orale
Assessment: 
Voto Finale

The aim of the course is to introduce students to some relevant notion of probability applied to financial theory.

Value-at-Risk and the theory of coherent risk measures
Derivatives evaluation in the binomial setting
Term structure in the binomial setting
Merton's (1974) structural model and its application to determine default probability

Lucidi delle lezioni ed esercizi con relative soluzioni vengono messe a disposizione sulla pagina E-Learning del corso

Professors