Discrete Models of Financial Markets

Marek Capi¿ski

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Language: English

Published by Cambridge University Press, 2012

0521175720 / 9780521175722

Series: Book 1 of 8 - Mastering Mathematical Finance

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - This book explains in simple settings the fundamental ideas of financial market modelling and derivative pricing, using the no-arbitrage principle. Relatively elementary mathematics leads to powerful notions and techniques - such as viability, completeness, self-financing and replicating strategies, arbitrage and equivalent martingale measures - which are directly applicable in practice. The general methods are applied in detail to pricing and hedging European and American options within the Cox-Ross-Rubinstein (CRR) binomial tree model. A simple approach to discrete interest rate models is included, which, though elementary, has some novel features. All proofs are written in a user-friendly manner, with each step carefully explained and following a natural flow of thought. In this way the student learns how to tackle new problems.

Seller Inventory # 9780521175722

Title
Discrete Models of Financial Markets
Author
Marek Capi¿ski
Publisher
Cambridge University Press
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
0521175720
ISBN 13
9780521175722
Item weight
287 grams
Dimensions
229x152x11 mm
Series
Book 1 of 8: Mastering Mathematical Finance

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
First itemUS$ 39.05US$ 50.21
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