bokomslag The Concepts and Practice of Mathematical Finance
Samhälle & debatt

The Concepts and Practice of Mathematical Finance

Mark S Joshi

Inbunden

1199:-

Funktionen begränsas av dina webbläsarinställningar (t.ex. privat läge).

Uppskattad leveranstid 2-7 arbetsdagar

Fri frakt för medlemmar vid köp för minst 249:-

  • 558 sidor
  • 2008
An ideal introduction for those starting out as practitioners of mathematical finance, this book provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice. Strengths and weaknesses of different models, e.g. Black-Scholes, stochastic volatility, jump-diffusion and variance gamma, are examined. Both the theory and the implementation of the industry-standard LIBOR market model are considered in detail. Each pricing problem is approached using multiple techniques including the well-known PDE and martingale approaches. This second edition contains many more worked examples and over 200 exercises with detailed solutions. Extensive appendices provide a guide to jargon, a recap of the elements of probability theory, and a collection of computer projects. The author brings to this book a blend of practical experience and rigorous mathematical background and supplies here the working knowledge needed to become a good quantitative analyst.
  • Författare: Mark S Joshi
  • Illustratör: 202 exercises
  • Format: Inbunden
  • ISBN: 9780521514088
  • Språk: Engelska
  • Antal sidor: 558
  • Utgivningsdatum: 2008-10-30
  • Förlag: Cambridge University Press