The Concepts and Practice of Mathematical Finance

Mark S. Joshi

ISBN 10: 0521823552 / ISBN 13: 9780521823555

Published by Cambridge University Press, 2003

First edition. Very Good condition with general wear and some dust to the top edge. Seller Inventory # 025869

Synopsis:

This introductory text provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice. M. Joshi covers the strengths and weaknesses of such models as stochastic volatility, jump diffusion, and variance gamma, as well as the Black-Scholes. Examples and exercises, with answers, as well as computer projects, challenge the mind and encourage learning how to become a good quantitative analyst.

Book Description: For those starting out as practitioners of mathematical finance, this is an ideal introduction. It provides the reader with a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice. There are plenty of worked examples and exercises, with answers, and many computer projects supplied.The author brings to this book a blend of practical experience and rigorous mathematical background, and provides here the working knowledge needed to become a good quantitative analyst.

Bibliographic Details

Title: The Concepts and Practice of Mathematical ...
Publisher: Cambridge University Press
Publication Date: 2003
Binding: Hardcover
Edition: 1st Edition