Introduction to the Mathematics of Finance: Arbitrage and Option Pricing - Undergraduate Texts in Mathematics (Hardback)
  • Introduction to the Mathematics of Finance: Arbitrage and Option Pricing - Undergraduate Texts in Mathematics (Hardback)
zoom

Introduction to the Mathematics of Finance: Arbitrage and Option Pricing - Undergraduate Texts in Mathematics (Hardback)

(author)
£49.99
Hardback 288 Pages / Published: 24/04/2012
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket

The Mathematics of Finance has been a hot topic ever since the discovery of the Black-Scholes option pricing formulas in 1973. Unfortunately, there are very few undergraduate textbooks in this area. This book is specifically written for advanced undergraduate or beginning graduate students in mathematics, finance or economics. This book concentrates on discrete derivative pricing models, culminating in a careful and complete derivation of the Black-Scholes option pricing formulas as a limiting case of the Cox-Ross-Rubinstein discrete model.

This second edition is a complete rewrite of the first edition with significant changes to the topic organization, thus making the book flow much more smoothly. Several topics have been expanded such as the discussions of options, including the history of options, and pricing nonattainable alternatives. In this edition the material on probability has been condensed into fewer chapters, and the material on the capital asset pricing model has been removed.

The mathematics is not watered down, but it is appropriate for the intended audience. Previous knowledge of measure theory is not needed and only a small amount of linear algebra is required. All necessary probability theory is developed throughout the book on a "need-to-know" basis. No background in finance is required, since the book contains a chapter on options.

Publisher: Springer-Verlag New York Inc.
ISBN: 9781461435815
Number of pages: 288
Weight: 623 g
Dimensions: 235 x 155 x 17 mm
Edition: 2nd ed. 2012

You may also be interested in...

The Art of Strategy
Added to basket
Game Theory: A Very Short Introduction
Added to basket
Prisoner's Dilemma
Added to basket
Nonzero
Added to basket
£12.99
Paperback
Theory of Games and Economic Behavior
Added to basket
Game Theory
Added to basket
£64.99
Hardback
Games and Mathematics
Added to basket
Numerical Optimization
Added to basket
A Beautiful Mind
Added to basket
£12.99
Paperback
Strategy
Added to basket
£49.99
Paperback
The Bounds of Reason
Added to basket
Cybernetics
Added to basket
£8.50
Paperback
Choice Theory: A Very Short Introduction
Added to basket
Primer In Game Theory
Added to basket
A Course in Game Theory
Added to basket
Game Theory
Added to basket
£32.99
Paperback

Please sign in to write a review

Your review has been submitted successfully.