Items related to Methods of Mathematical Finance (Stochastic Modelling...
Synopsis
This sequel to Brownian Motion and Stochastic Calculus by the same authors develops contingent claim pricing and optimal consumption/investment in both complete and incomplete markets, within the context of Brownian-motion-driven asset prices. The latter topic is extended to a study of equilibrium, providing conditions for existence and uniqueness of market prices which support trading by several heterogeneous agents. Although much of the incomplete-market material is available in research papers, these topics are treated for the first time in a unified manner. The book contains an extensive set of references and notes describing the field, including topics not treated in the book. This book will be of interest to researchers wishing to see advanced mathematics applied to finance. The material on optimal consumption and investment, leading to equilibrium, is addressed to the theoretical finance community. The chapters on contingent claim valuation present techniques of practical importance, especially for pricing exotic options.
"synopsis" may belong to another edition of this title.
From the Back Cover
This monograph is a sequel to Brownian Motion and Stochastic Calculus by the same authors. Within the context of Brownian-motion- driven asset prices, it develops contingent claim pricing and optimal consumption/investment in both complete and incomplete markets. The latter topic is extended to a study of equilibrium, providing conditions for the existence and uniqueness of market prices which support trading by several heterogeneous agents. Although much of the incomplete-market material is available in research papers, these topics are treated for the first time in a unified manner. The book contains an extensive set of references and notes describing the field, including topics not treated in the text.
This monograph should be of interest to researchers wishing to see advanced mathematics applied to finance. The material on optimal consumption and investment, leading to equilibrium, is addressed to the theoretical finance community. The chapters on contingent claim valuation present techniques of practical importance, especially for pricing exotic options.
Also available by Ioannis Karatzas and Steven E. Shreve, Brownian Motion and Stochastic Calculus, Second Edition, Springer-Verlag New York, Inc., 1991, 470 pp., ISBN 0-387- 97655-8.
"About this title" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for Methods of Mathematical Finance (Stochastic Modelling...
Stock Image
Methods of Mathematical Finance (Stochastic Modelling and Applied Probability)
Seller: Orion Tech, Kingwood, TX, U.S.A.
Seller rating 5 out of 5 stars
hardcover. Condition: Fair. Seller Inventory # 0387948392-4-35092123
Quantity: 1 available
Stock Image
Methods of Mathematical Finance (Stochastic Modelling and Applied Probability)
Seller: HPB-Red, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_433455154
Quantity: 1 available
Stock Image
Methods of Mathematical Finance (Stochastic Modelling and Applied Probability)
Seller: Anybook.com, Lincoln, United Kingdom
Seller rating 5 out of 5 stars
Condition: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In poor condition, suitable as a reading copy. No dust jacket. Library sticker on front cover. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,850grams, ISBN:9780387948393. Seller Inventory # 3708534
Quantity: 1 available
Stock Image
Methods of Mathematical Financ
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Seller rating 5 out of 5 stars
Condition: Very Good. Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00093006895
Quantity: 1 available
Stock Image
Methods of Mathematical Finance
Seller: Moe's Books, Berkeley, CA, U.S.A.
Seller rating 4 out of 5 stars
Hard cover. Condition: Very good. No jacket. Cover is shelf worn, but otherwise is in excellent condition with no visible flaws. Binding is tight and inside is clean and unmarked. Seller Inventory # 1143436
Quantity: 1 available
Stock Image
Applications of Mathematics: Stochastic Modelling and Applied Probability (Volume 39)
Seller: Anybook.com, Lincoln, United Kingdom
Seller rating 5 out of 5 stars
Condition: Good. Volume 39. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,850grams, ISBN:9780387948393. Seller Inventory # 4839859
Quantity: 1 available
Seller Image
Methods of mathematical finance. Applications of mathematics, 39
Seller: books4less (Versandantiquariat Petra Gros GmbH & Co. KG), Welling, Germany
Seller rating 5 out of 5 stars
gebundene Ausgabe. Condition: Gut. XV, 407 S. Das hier angebotene Buch stammt aus einer teilaufgelösten Bibliothek und kann die entsprechenden Kennzeichnungen aufweisen (Rückenschild, Instituts-Stempel.); der Buchzustand ist ansonsten ordentlich und dem Alter entsprechend gut. In ENGLISCHER Sprache. Sprache: Englisch Gewicht in Gramm: 785. Seller Inventory # 2234055
Quantity: 1 available
Stock Image
Methods of Mathematical Finance (Stochastic Modelling and Applied Probability)
Seller: Toscana Books, AUSTIN, TX, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: new. Excellent Condition.Excels in customer satisfaction, prompt replies, and quality checks. Seller Inventory # Scanned0387948392
Quantity: 1 available
Stock Image
Methods of Mathematical Finance (Stochastic Modelling and Applied Probability)
Seller: DeckleEdge LLC, Albuquerque, NM, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # Shelfdream0387948392
Quantity: 1 available
Stock Image
Methods of Mathematical Finance (Stochastic Modelling and Applied Probability)
Seller: BennettBooksLtd, San Diego, NV, U.S.A.
Seller rating 5 out of 5 stars
hardcover. Condition: New. In shrink wrap. Looks like an interesting title! Seller Inventory # Q-0387948392
Quantity: 1 available