Stochastic Finance

ISBN 10: 0387282629 / ISBN 13: 9780387282626

Published by Springer, 2005

About this Item

pp. 380 52:B&W 6.14 x 9.21in or 234 x 156mm (Royal 8vo) Case Laminate on White w/Gloss Lam.

Seller Inventory # 7564345

Bibliographic Details

• Title: Stochastic Finance
• Publisher: Springer
• Publication Date: 2005
• Language: English
• ISBN 10: 0387282629
• ISBN 13: 9780387282626
• Binding: Hardcover
• Condition: New

About this title

Synopsis

Since the pioneering work of Black, Scholes, and Merton in the field of financial mathematics, research has led to the rapid development of a substantial body of knowledge, with plenty of applications to the common functioning of the world’s financial institutions.

Mathematics, as the language of science, has always played a role in the development of knowledge and technology. Presently, the high-tech character of modern business has increased the need for advanced methods, which rely to a large extent on mathematical techniques. It has become essential for the financial analyst to possess a high degree of proficiency in these mathematical techniques.

From the Back Cover

Ever since Black, Scholes, and Merton did their pioneering work in the field of financial mathematics, continuing research has led to the rapid development of a substantial body of knowledge, with numerous applications to the common functioning of the world’s financial institutions.

Mathematics, as the language of science, has always played a role in the development of knowledge and technology. Presently, the high-tech character of modern business has increased the need for advanced methods, which rely to a large extent on mathematical techniques. It has become essential for the financial analyst to possess a high degree of proficiency in these mathematical techniques. The essays in Stochastic Finance describe many of these techniques.

Audience

This book is intended for experts in mathematics, statistics, mathematical finances, and economics.