Introduction to the Mathematics of Financial Derivatives
Edition: 3rd 2013
List price: $60.99
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Description: An Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments that use stochastic calculus. Requiring only a passing knowledge of calculus and probability, it takes readers on a tour of advanced financial engineering. This classic title has been revised by Ali Hirsa, who accentuates its well-known strengths while introducing new subjects, updating others, and bringing new continuity to the whole. Popular with readers because it emphasizes intuition and common sense, An Introduction to the Mathematics of Financial Derivatives remains the only "introductory" text that can appeal to people outside the mathematics and physics communities as it explains the hows and whys of practical finance problems. Facilitates readers' understanding of underlying mathematical and theoretical models by presenting a mixture of theory and applications with hands-on learningForegrounds an intuitive orientation, breaking up complex mathematics concepts in easy-to-understand notions Encourages use of discrete chapters which can be used as complementary readings on different topics, offering flexibility in learning and teaching
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $60.99
Copyright year: 2013
Publisher: Elsevier Science & Technology
Publication date: 12/16/2013
Size: 7.75" wide x 9.50" long x 1.25" tall
Ali Hirsa is head of Analytical Trading Strategy at Caspian Capital Management. Dr. Hirsa is also an adjunct professor at Columbia University and NYUï¿½s Courant Institute of Mathematical Sciences.
|Financial Derivatives: A Brief Introduction|
|A Primer on Arbitrage Theorem|
|Review of Deterministic Calculus|
|Pricing Derivatives: Models and Notations|
|Tools in Probability Theory|
|Martingales and Martingale Representations|
|Wiener Process, Levy Processes, and Rare Events|
|Differentiation in Stochastic Environments|
|Integration in Stochastic Environments|
|The dynamics of Derivatives Prices: Stochastic Differential|
|Pricing Derivatives Products via Partial Differential Equations|
|Equivalent Martingale Measures|
|Equivalent Martingale Measures: Applications|
|Arbitrage Theorem in a New Setting|
|Term Structure Modeling and Related Concepts|
|Approaches to Modeling Term Structure|
|Conditional Expectations and PDEs|
|Derivative Pricing via Transform Techniques|
|Credit Spread and Credit Derivatives|
|Stopping Times and American-Style Derivatives|
|A Primer on Calibration and Estimation Techniques|