摘要翻译：
本文研究了不完全金融市场中衍生品的定价和套期保值问题，在基准方法的背景下，考虑局部风险最小化方法，即基准局部风险最小化方法。我们表明，所提出的基准局部风险最小化允许在极其微弱的假设下处理一个比经典方法丰富得多的建模世界。
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英文标题：
《Local Risk-Minimization under the Benchmark Approach》
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作者：
Francesca Biagini, Alessandra Cretarola and Eckhard Platen
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最新提交年份：
2012
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分类信息：

一级分类：Quantitative Finance        数量金融学
二级分类：Pricing of Securities        证券定价
分类描述：Valuation and hedging of financial securities, their derivatives, and structured products
金融证券及其衍生产品和结构化产品的估值和套期保值
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一级分类：Mathematics        数学
二级分类：Probability        概率
分类描述：Theory and applications of probability and stochastic processes: e.g. central limit theorems, large deviations, stochastic differential equations, models from statistical mechanics, queuing theory
概率论与随机过程的理论与应用：例如中心极限定理，大偏差，随机微分方程，统计力学模型，排队论
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英文摘要：
  We study the pricing and hedging of derivatives in incomplete financial markets by considering the local risk-minimization method in the context of the benchmark approach, which will be called benchmarked local risk-minimization. We show that the proposed benchmarked local risk-minimization allows to handle under extremely weak assumptions a much richer modeling world than the classical methodology.
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PDF链接：
https://arxiv.org/pdf/1210.2337