Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Mathematics of Financial Markets

Mathematics of Financial Markets

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780387226408
Condition
New
Product Description

This work is aimed at an audience with a sound mathematical background wishing to learn about the rapidly expanding ?eld of mathematical ?nance. Its content is suitable particularly for graduate students in mathematics who have a background in measure theory and probability. The emphasis throughout is on developing the mathematical concepts required for the theory within the context of their application. No attempt is made to cover the bewildering variety of novel (or exotic) ?nancial - struments that now appear on the derivatives markets; the focus throu- out remains on a rigorous development of the more basic options that lie at the heart of the remarkable range of current applications of martingale theory to ?nancial markets. The ?rst ?ve chapters present the theory in a discrete-time framework. Stochastic calculus is not required, and this material should be accessible to anyone familiar with elementary probability theory and linear algebra. The basic idea of pricing by arbitrage (or, rather, by non-arbitrage) is presented in Chapter 1. The unique price for a European option in a single-period binomial model is given and then extended to multi-period binomial models. Chapter 2 introduces the idea of a martingale measure for price processes. Following a discussion of the use of self-?nancing tr- ing strategies to hedge against trading risk, it is shown how options can be priced using an equivalent measure for which the discounted price p- cess is a martingale.

Available Colors
Available Sizes
1 Offer Price Range: $49.99 - $49.99
BEST PRICE

Single Product Purchase

$49.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$49.99 $49.99

$49.99
See Site In stock Visit Store

Similar Products

Angewandte Wirtschaftsstatistik

$24.99

Logic, Language, and Computation

$39.99

Indirekte 24-Stunden Blutdruckmessung

$49.99

Arbeitszeit und Arbeitsverhalten

$74.99

Understanding Ageing for Nurses and Therapists

$34.99

Macht und Leistung als Werte in Europa

$29.99

Schweikonstruktionen

$44.99

Hannah Arendt: Challenges of Plurality

$99.00

Transaction Cost Management

$79.99

Argumentation in Multi-Agent Systems

$39.99

Information Technology, Innovation System and Trade Regime in Developing Countries

$84.99

Type Synthesis of Parallel Mechanisms

$129.00

Surgical Emergencies in Clinical Practice

$54.99

Mathematics and the Real World

$49.99

Influences of the IEA Civic and Citizenship Education Studies

$59.99

Entwicklung einer Reintegrationstypologie im Rahmen von Auslandsentsendungen

$79.99

The Agile Enterprise

$59.99

Beyond Genocide: Transitional Justice and Gacaca Courts in Rwanda

$139.99

PET/CT in Breast Cancer

$84.99

Computer Vision

$49.99

Handbuch der Vermessungskunde

$139.99

Structural Elements of the Nervous System

$54.99

Elizabeth Bowen

$19.99

There Was An Old Lady: There Was An Old Lady Who Swallowed a Truck!

$5.24

Theoretische Informatik

$64.99

New Frontiers in Artificial Intelligence

$39.99

Film-Herstellungsleitung

$37.99

How Managers Have Learnt to Lead

$109.99

Japanese Workplaces in Transition

$84.99

Reiseverkehrsbetriebslehre

$59.99

Markenstrategien wachstumsorientierter Unternehmen

$59.99

Elliptic Curves and Their Applications to Cryptography

$249.99

I, Matthew Henson

$7.46

Business Reengineering

$79.99

Fuzzy Logic in Medicine

$109.99

Building the Team Organization

$54.99

Epigenetics and Complex Traits

$169.99

Inklusive Sprachbildung im Kontext von Mehrsprachigkeit und sonderpdagogischer Frderbedarf

$99.99

Meister des Stils ber Sprach- und Stillehre

$44.99

Philosophical Reflections and Syntheses

$39.99