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Bibliographic Details

Title

The Mathematics of Financial Derivatives: A Student Introduction

Publisher

Cambridge University Press

Publication Date

1995

Language

English

ISBN 10

0521497892

ISBN 13

9780521497893

Binding

Soft cover

Edition

1st Edition

Condition

New

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About this title

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.

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.

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