This book provides an introduction to the mathematical modelling of real world financial markets and the rational pricing of derivatives, which is part of the theory that not only underpins modern financial practice but is a thriving area of mathematical research. The central theme is the question of how to find a fair price for a derivative; defined to be a price at which it is not possible for any trader to make a risk free profit by trading in the derivative.
| ISBN: | 9781447144076 |
| Publication date: | 7th September 2012 |
| Author: | Nigel Cutland, Alet Roux |
| Publisher: | Springer an imprint of Springer London |
| Format: | Paperback |
| Pagination: | 325 pages |
| Series: | Springer Undergraduate Mathematics Series |
| Genres: |
Applied mathematics Stochastics Finance and the finance industry Probability and statistics Economics, Finance, Business and Management |
This book provides an introduction to the mathematical modelling of real world financial markets and the rational pricing of derivatives, which is part of the theory that not only underpins modern financial practice but is a thriving area of mathematical research. The central theme is the question of how to find a fair price for a derivative; defined to be a price at which it is not possible for any trader to make a risk free profit by trading in the derivative. To keep the mathematics as simple as possible, while explaining the basic principles, only discrete time models with a finite number of possible future scenarios are considered.
Derivative Pricing in Discrete Time features in the following genres: Applied mathematics, Stochastics, Finance and the finance industry, Probability and statistics, Economics, Finance, Business and Management
Paperback. £26.99, down from the £29.99 cover price. Not Available.
Derivative Pricing in Discrete Time was written by Nigel Cutland, Alet Roux and published by Springer an imprint of Springer London
Derivative Pricing in Discrete Time has 325 pages
Yes it is part of Springer Undergraduate Mathematics Series series
£26.99, reduced from £29.99. Not Available.