An Elementary Introduction to Mathematical Finance: Options and other Topics

Ross, Sheldon M.

ISBN 10: 0521814294 / ISBN 13: 9780521814294

Published by Cambridge University Press, 2002

Seller Inventory # 5W97_19_0521814294

Synopsis:

Contains a new chapter on optimization methods in finance, a new section on Value at Risk and Conditional Value at Risk, plus much more.

Review: Reviews of the first edition: '... an excellent introduction to the subject ... the book is ideally suited for self-study and provides a very accessible entry point to this fascinating field.' P. P. Boyle, ISI Short Book Reviews

'... provides an excellent introduction to the mathematics of finance ... very useful as a text for an introductory course'. Julian O'Shea, Zentralblatt MATH

'... this excellent text achieves its aim to provide a highly accessible and at the same time accurate presentation of the subject. I would recommend it for libraries to purchase.' Georgi Boshnakov, The Statistician

'... provides an accessible and relatively deep insight into basic and advanced topics of mathematical finance ... The lucid style of the exposition will be appreciated by readers interested in the topic, and by researchers, students and practitioners.' European Maths Society Journal

'The book is organized in a very natural way ... the book gives a good survey of the various tasks and problems of financial mathematics. the main principles underlying the subject (e.g. arbitrage, present value, expected utility, risk-neutral pricing) are explained in a very clear fashion and are separated from the complex mathematics that usually accompanies them in more advanced texts on finance. The friendly and enthusiastic writing style, the numerous exercises, and the simple derivations of many deep results also play their part in making the book an ideal basis for an introductory lecture series in financial mathematics. It can definitely be recommended to professionals or undergraduates as good reading for a fist contact to the topic.' Journal of the American Statistical Association

Bibliographic Details

Title: An Elementary Introduction to Mathematical ...
Publisher: Cambridge University Press
Publication Date: 2002
Binding: Hardcover
Condition: new
Edition: 2nd Edition