Mathematics of Financial Markets
Download or Read eBook Mathematics of Financial Markets PDF written by Robert J Elliott and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 298 pages. Available in PDF, EPUB and Kindle.
| Author | : Robert J Elliott |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 298 |
| Release | : 2013-11-11 |
| ISBN-10 | : 9781475771466 |
| ISBN-13 | : 1475771460 |
| Rating | : 4/5 (66 Downloads) |
Book Synopsis Mathematics of Financial Markets by : Robert J Elliott
Book excerpt: This book explores the mathematics that underpins pricing models for derivative securities such as options, futures and swaps in modern markets. Models built upon the famous Black-Scholes theory require sophisticated mathematical tools drawn from modern stochastic calculus. However, many of the underlying ideas can be explained more simply within a discrete-time framework. This is developed extensively in this substantially revised second edition to motivate the technically more demanding continuous-time theory.
