Risk Neutral Pricing and Financial Mathematics: A Primer

Knopf, Peter M.; Teall, John L.

ISBN 10: 0128015349 / ISBN 13: 9780128015346

Editore: Academic Press, 2015

Riguardo questo articolo

Some foxing and/or discoloration around edges. Shows minimal wear such as frayed or folded edges, minor rips and tears, and/or slightly worn binding. May have stickers and/or contain inscription on title page. No observed missing pages.

Codice articolo 581QRT000OYC_ns

Dati bibliografici

• Titolo: Risk Neutral Pricing and Financial Mathematics: A Primer
• Editore: Academic Press
• Data di pubblicazione: 2015
• Lingua: Inglese
• ISBN 10: 0128015349
• ISBN 13: 9780128015346
• Rilegatura: Brossura
• Condizione: Good

Descrizione articolo

Riassunto

Risk Neutral Pricing and Financial Mathematics: A Primer provides a foundation to financial mathematics for those whose undergraduate quantitative preparation does not extend beyond calculus, statistics, and linear math. It covers a broad range of foundation topics related to financial modeling, including probability, discrete and continuous time and space valuation, stochastic processes, equivalent martingales, option pricing, and term structure models, along with related valuation and hedging techniques. The joint effort of two authors with a combined 70 years of academic and practitioner experience, Risk Neutral Pricing and Financial Mathematics takes a reader from learning the basics of beginning probability, with a refresher on differential calculus, all the way to Doob-Meyer, Ito, Girsanov, and SDEs. It can also serve as a useful resource for actuaries preparing for Exams FM and MFE (Society of Actuaries) and Exams 2 and 3F (Casualty Actuarial Society).

Informazioni sugli autori

Peter Knopf obtained his Ph.D. from Cornell University and subsequently taught at Texas A&M University and Rutgers University. He is currently Professor of Mathematics at Pace University. He has numerous research publications in both pure and applied mathematics. His recent research interests have been in the areas of difference equations and stochastic delay equation models for pricing securities.

John Teall is a visiting professor at LUISS Business School in Rome, Italy. He is a former member of the American Stock Exchange and has served as a consultant to Deutsche Bank, Goldman Sachs, and other financial institutions.