Stochastic Finance: An Introduction in Discrete Time - Brossura

Föllmer, Hans

Brossura

ISBN 10: 311046344X ISBN 13: 9783110463446

Casa editrice: De Gruyter, 2016

Riassunto

This is the fourth, newly revised edition of the classical introduction to the mathematics of finance, based on stochastic models in discrete time. In the first part of the book simple one-period models are studied, in the second the idea of dynamic hedging of contingent claims is developed in a multiperiod framework.

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Recensione

"This book provides a fairly complete treatment of the most important probabilistic aspects of financial mathematics (or stochastic finance). [...] It is a worthwhile addition to the literature and will serve as highly recommended reading for students in the subject area for some years to come." Mathematical Reviews (review of the first edition)

"Since the appearance of the first edition in 2002, this book has become a classic in mathematical finance and has served in numerous courses as a basic textbook and as a basic source and introduction to the field for graduate students and researchers. [...] Altogether this is an extraordinarily well-done book concerning the subjects chosen, with a clear and readable description of its aims and material and a precise and explicit mathematical presentation. [...] This third edition has benefited from some new focus and material and is an enjoyable read and a most relevant textbook." Mathematical Reviews (review of the third edition)

L'autore

Hans Föllmer, Humboldt-Universität zu Berlin, Germany; Alexander Schied, University of Mannheim, Germany.

Dettagli dell?edizione

• Editore: De Gruyter
• Data di pubblicazione: 2016
• ISBN 10: 311046344X
• ISBN 13: 9783110463446
• Rilegatura: Copertina flessibile
• Lingua: Inglese
• Numero edizione: 4
• Numero di pagine: 608