Abstract for the Brown Bag Seminar on June 9th 2004, Gerard Awanou:

The safest criterion for eliminating completely the risk associated with a risky position is the superhedging one but it may require too much initial capital. In a market with inside information, it makes sense to ask how much one can lower the initial cost and what risk it involves. We discuss strategies for risk minimization in this context using a discrete model of stock fluctuations.

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