Quantifying information with Entropy and KL Divergence.
Progress
0/2 Concepts Completed
Est. Time
0h 30m
Theory explanation coming soon.
Interactive demo coming soon.
Practice problems coming soon.
Application examples coming soon.
Theory explanation coming soon.
Interactive demo coming soon.
Practice problems coming soon.
Application examples coming soon.
Dive deeper with these recommended books and papers.
The bible of derivatives pricing. A must-have on any quant's bookshelf.
"The Pricing of Options and Corporate Liabilities" - a foundational paper in finance.
Have a question? Ask the community!
QuantAspirant
How does this concept apply in a high-volatility environment?
SeniorQuant
Great question. In high-volatility regimes, the assumptions often break down. You need to be cautious about model parameters and consider using more robust, non-parametric approaches.