Stochastic Calculus for Finance I

Steven Shreve

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Language: English

Published by Springer-Verlag New York Inc., US, 2004

0387401008 / 9780387401003

Series: Book 18 of 53 - Springer Finance

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Seller: Rarewaves USA United, HEBRON, KY, U.S.A.Rarewaves USA United

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Stochastic Calculus for Finance evolved from the first ten years of the Carnegie Mellon Professional Master's program in Computational Finance. The content of this book has been used successfully with students whose mathematics background consists of calculus and calculus-based probability. The text gives both precise statements of results, plausibility arguments, and even some proofs, but more importantly intuitive explanations developed and refine through classroom experience with this material are provided. The book includes a self-contained treatment of the probability theory needed for stochastic calculus, including Brownian motion and its properties. Advanced topics include foreign exchange models, forward measures, and jump-diffusion processes.This book is being published in two volumes. The first volume presents the binomial asset-pricing model primarily as a vehicle for introducing in the simple setting the concepts needed for the continuous-time theory in the second volume.  Chapter summaries and detailed illustrations are included. Classroom tested exercises conclude every chapter. Some of these extend the theory and others are drawn from practical problems in quantitative finance.Advanced undergraduates and Masters level students in mathematical finance and financial engineering will find this book useful.   Steven E. Shreve is Co-Founder of the Carnegie Mellon MS Program in Computational Finance and winner of the Carnegie Mellon Doherty Prize for sustained contributions to education. …

Seller Inventory # LU-9780387401003

Title
Stochastic Calculus for Finance I
Author
Steven Shreve
Publisher
Springer-Verlag New York Inc., US
Publication year
2004
Condition
New
Binding
Hardback
Language
English
ISBN 10
0387401008
ISBN 13
9780387401003
Edition
2004 ed.
Series
Book 18 of 53: Springer Finance

Rarewaves USA United

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