Items related to The Mathematics of Financial Derivatives: A Student...
Synopsis
Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods. Indeed, the area is an expanding source for novel and relevant "real-world" mathematics. In this book, the authors describe the modeling of financial derivative products from an applied mathematician's viewpoint, from modeling to analysis to elementary computation. The authors present a unified approach to modeling derivative products as partial differential equations, using numerical solutions where appropriate. The authors assume some mathematical background, but provide clear explanations for material beyond elementary calculus, probability, and algebra. This volume will become the standard introduction for advanced undergraduate students to this exciting new field.
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Book Description
The rapidly growing area of finance is an expanding source for the development of novel and relevant "real-world" mathematics. This text describes the modeling of financial derivative products from an applied mathematician's viewpoint, from modeling to analysis to elementary computation.
From the Back Cover
Finance is one of the fastest growing areas in the modern banking and corporate world. this, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics.
"About this title" may belong to another edition of this title.
- PublisherCambridge University Press
- Publication date1995
- ISBN 10 0521496993
- ISBN 13 9780521496995
- BindingHardcover
- LanguageEnglish
- Number of pages333
- Rating
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