Introducing Financial Mathematics
Theory, Binomial Models, and Applications
1st Edition
Published on 9. November 2022
304 pages
978-1-000-77881-6 (ISBN)
Description
Introducing Financial Mathematics: Theory, Binomial Models, and Applications seeks to replace existing books with a rigorous stand-alone text that covers fewer examples in greater detail with more proofs. The book uses the fundamental theorem of asset pricing as an introduction to linear algebra and convex analysis. It also provides example computer programs, mainly Octave/MATLAB functions but also spreadsheets and Macsyma scripts, with which students may experiment on real data.The text's unique coverage is in its contemporary combination of discrete and continuous models to compute implied volatility and fit models to market data. The goal is to bridge the large gaps among nonmathematical finance texts, purely theoretical economics texts, and specific software-focused engineering texts.
More details
Series
Edition
1. Auflage
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
10 Tables, black and white; 6 Line drawings, color; 13 Line drawings, black and white; 19 Illustrations, black and white
ISBN-13
978-1-000-77881-6 (9781000778816)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Mladen Victor Wickerhauser
Introducing Financial Mathematics
Theory, Binomial Models, and Applications
Book
11/2022
1st Edition
Chapman & Hall/CRC
€121.70
Shipment within 10-20 days
Person
Mladen Victor Wickerhauser is professor of mathematics and statistics at Washington University, St. Louis. He holds a PhD from Yale University. ?Professor Wickerhauser's research interests include harmonic analysis, wavelets, and numerical algorithms for data compression. He has six US patents and 118 publications, one of which led to an algorithm used by the FBI to encode fingerprint images.
Content
Preface 1. Basics 2. Continuous Models 3. Discrete Models 4. Exotic Models 5. Forwards and Futures 6. Dividends and Interest 7. Implied Volatility 8. Fundamental Theorems Project Suggestions Answers and Index
