The Mathematics of Financial Derivatives: A Student Introduction - Softcover

Wilmott, Paul; Howison, Sam; Dewynne, Jeff

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9780521497893: The Mathematics of Financial Derivatives: A Student Introduction
Softcover
ISBN 10: 0521497892 ISBN 13: 9780521497893
Publisher: Cambridge University Press, 1995

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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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.

Publisher
Cambridge University Press
Publication date
1995
Language
English
ISBN 10 
0521497892
ISBN 13 
9780521497893
Binding
Paperback
Edition number
1
Number of pages
317
Rating
  • 3.83 out of 5 stars
    42 ratings by Goodreads