Mathematical Techniques in Finance: Tools for Incomplete Markets - Brossura

Cerny, Ales

Brossura

ISBN 10: 0691088071 ISBN 13: 9780691088075

Casa editrice: Princeton Univ Pr, 2003

Riassunto

Modern finance overlaps with many fields of mathematics, and for students this can represent considerable strain. Mathematical Techniques in Finance is an ideal textbook for Masters finance courses with a significant quantitative element while also being suitable for finance Ph.D. students. Developed for the highly acclaimed Master of Science in Finance program at Imperial College London, it offers a carefully crafted blend of numerical applications and theoretical grounding in economics, finance, and mathematics. In the best engineering tradition, Aleš Cerný mixes tools from calculus, linear algebra, probability theory, numerical mathematics, and programming to analyze in an accessible way some of the most intriguing problems in financial economics. Eighty figures, over 70 worked examples, 25 simple ready-to-run computer programs, and several spreadsheets further enhance the learning experience. Each chapter is followed by a number of classroom-tested exercises with solutions available on the book's web site.

Applied mathematics is a craft that requires practice--this textbook provides plenty of opportunities to practice it and teaches cutting-edge finance into the bargain. Asset pricing is a common theme throughout the book; and readers can follow the development from discrete one-period models to continuous time stochastic processes. This textbook sets itself apart by the comprehensive treatment of pricing and risk measurement in incomplete markets, an area of current research that represents the future in risk management and investment performance evaluation.

Su questo libro

Informazioni sull?autore

Ales Cerný is Lecturer in Finance at The Business School, Imperial College London.

Dettagli dell'edizione

• Editore: Princeton Univ Pr
• Data di pubblicazione: 2003
• Lingua: Inglese
• ISBN 10: 0691088071
• ISBN 13: 9780691088075
• Rilegatura: Copertina flessibile
• Numero di pagine: 400
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile