Mathematics of Financial Markets
Seiten
1998
Springer-Verlag New York Inc.
978-0-387-98553-4 (ISBN)
Springer-Verlag New York Inc.
978-0-387-98553-4 (ISBN)
- Titel erscheint in neuer Auflage
- Artikel merken
Zu diesem Artikel existiert eine Nachauflage
Mathematical finance is one of the most active areas of research, involving researchers from finance, mathematics, and statistics. This book presents an intermediate-level introduction to this important area.
The past five years have seen a number of introductory texts which focus on the applications of modern stochastic calculus to the theory of finance, and on the pricing models for derivative securities in particular. Some of these books develop the mathematics very quickly, making substantial demands on the reader's background in advanced probability theory. Others emphasize the financial applications and do not attempt a rigorous coverage of the continuous-time calculus. This book provides a rigorous introduction for those who do not have a good background in stochastic calculus. The emphasis is on keeping the discussion self-contained rather than giving the most general results possible.
The past five years have seen a number of introductory texts which focus on the applications of modern stochastic calculus to the theory of finance, and on the pricing models for derivative securities in particular. Some of these books develop the mathematics very quickly, making substantial demands on the reader's background in advanced probability theory. Others emphasize the financial applications and do not attempt a rigorous coverage of the continuous-time calculus. This book provides a rigorous introduction for those who do not have a good background in stochastic calculus. The emphasis is on keeping the discussion self-contained rather than giving the most general results possible.
Pricing by Arbitrage; Martingale Measures; The Fundamental Theorem of Asset Pricing; Complete Markets and Martingale Representation; Stopping Times and American Options; A Review of Continous-Time Stochastic Calculus; European Options in Continous Time; The American Option; Bonds and Term Structure; Consumption-Investment Strategies; References; Index.
| Reihe/Serie | Springer Finance |
|---|---|
| Zusatzinfo | 6 figures, references, index |
| Verlagsort | New York, NY |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Einbandart | gebunden |
| Themenwelt | Mathematik / Informatik ► Mathematik ► Finanz- / Wirtschaftsmathematik |
| Wirtschaft ► Allgemeines / Lexika | |
| ISBN-10 | 0-387-98553-0 / 0387985530 |
| ISBN-13 | 978-0-387-98553-4 / 9780387985534 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
eine anwendungsorientierte Einführung
Buch | Softcover (2023)
Springer Gabler (Verlag)
CHF 69,95
Buch | Softcover (2023)
De Gruyter Oldenbourg (Verlag)
CHF 41,90
