Financial Markets in Continuous Time (Springer Finance / Springer Finance Textbooks) - Couverture souple

Dana, Rose-Anne

 
9783540711490: Financial Markets in Continuous Time (Springer Finance / Springer Finance Textbooks)
Couverture souple
ISBN 10 : 354071149X ISBN 13 : 9783540711490
Editeur : Springer, 2007

Synopsis

This book explains key financial concepts, mathematical tools and theories of mathematical finance. It is organized in four parts. The first brings together a number of results from discrete-time models. The second develops stochastic continuous-time models for the valuation of financial assets (the Black-Scholes formula and its extensions), for optimal portfolio and consumption choice, and for obtaining the yield curve and pricing interest rate products. The third part recalls some concepts and results of equilibrium theory and applies this in financial markets. The last part tackles market incompleteness and the valuation of exotic options.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Revue de presse

"The objective of this book is to develop the continuous time theory of the valuation of asset prices and the theory of equilibrium of financial markets. ... This is a high-level but well-written summary of the modern essentials of mathematical finance, including excellent chapters on the yield curve, pricing interest rate products, exotic options and incomplete markets." --D.L. McLeish, Short Book Reviews, Vol. 23 (3), 2003

"This book gives an introduction to the theory of financial markets and its applications for the pricing and hedging of financial instruments. For an introductory text, the range of topics covered is amazingly broad. ... Many ideas and concepts are first introduced and studied in very simple discrete models, and it is particularly remarkable how many interesting developments are already explained in the first chapter ... . The material is chosen well and covers a considerable part of the subject area ... . " --Martin Schweizer, Zentralblatt MATH, Vol.1014, 2003

"Financial Markets in Continuous Time is a well-written textbook for graduate students in mathematical finance. ... Graduate students in finance, mathematics, financial engineering, and risk management would benefit from the book in grasping the key financial concepts, mathematical tools, and theories of this discipline. ... This book ... covers the most important advances in mathematical finance that form the foundation for much of the continuing growth of the discipline." --Thomas S. Y. Ho, SIAM Review, Vol. 46 (3), 2004

Présentation de l'éditeur

This book explains key financial concepts, mathematical tools and theories of mathematical finance. It is organized in four parts. The first brings together a number of results from discrete-time models. The second develops stochastic continuous-time models for the valuation of financial assets (the Black-Scholes formula and its extensions), for optimal portfolio and consumption choice, and for obtaining the yield curve and pricing interest rate products. The third part recalls some concepts and results of equilibrium theory and applies this in financial markets. The last part tackles market incompleteness and the valuation of exotic options.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer
Date d'édition
2007
Langue
anglais
ISBN 10 
354071149X
ISBN 13 
9783540711490
Reliure
Broché
Numéro d'édition
1
Nombre de pages
340
Coordonnées du fabricant
ProductSafety@springernature.com
ProductSafety@springernature.com

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Heidelberg
69121
Allemagne

Autres éditions populaires du même titre

9783540434030: Financial Markets in Continuous Time

Edition présentée

ISBN 10 :  3540434038 ISBN 13 :  9783540434030
Editeur : Springer-Verlag Berlin and Heide..., 2002
Couverture rigide