Options Pricing and Portfolio Optimization

American Mathem

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Lingua: inglese

Editore: American Mathematical Society, US, 2000

0821821237 / 9780821821237

Serie: Libro 22 di 190 - Graduate Studies in Mathematics

Da: Rarewaves.com USA, London, London, Regno UnitoRarewaves.com USA

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Understanding and working with the current models of financial markets requires a sound knowledge of the mathematical tools and ideas from which they are built. Banks and financial houses all over the world recognize this and are avidly recruiting mathematicians, physicists, and other scientists with these skills. The mathematics involved in modern finance springs from the heart of probability and analysis: the Ito calculus, stochastic control, differential equations, martingales, and so on. The authors give rigorous treatments of these topics, while always keeping the applications in mind. Thus, the way in which the mathematics is developed is governed by the way it will be used, rather than by the goal of optimal generality.Indeed, most of purely mathematical topics are treated in extended 'excursions' from the applications into the theory. Thus, with the main topic of financial modelling and optimization in view, the reader also obtains a self-contained and complete introduction to the underlying mathematics. This book is specifically designed as a graduate textbook. It could be used for the second part of a course in probability theory, as it includes an applied introduction to the basics of stochastic processes (martingales and Brownian motion) and stochastic calculus. It would also be suitable for a course in continuous-time finance that assumes familiarity with stochastic processes. The prerequisites are basic probability theory and calculus. Some background in stochastic processes would be useful, but not essential.…

Codice articolo LU-9780821821237

Titolo
Options Pricing and Portfolio Optimization
Autore
American Mathem
Editore
American Mathematical Society, US
Anno di pubblicazione
2000
Condizione
New
Rilegatura
Hardback
Lingua
inglese
ISBN 10
0821821237
ISBN 13
9780821821237
Peso dell'articolo
648 grammi
Serie
Libro 22 di 190: Graduate Studies in Mathematics

Rarewaves.com USA

London, London, Regno Unito

Venditore con 5 stelle

Venditore AbeBooks dal 11 giugno 2025

Tariffe di spedizione da Regno Unito a U.S.A.

ArticoloDa 15 a 20 giorni lavorativiDa 15 a 20 giorni lavorativi
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