Financial Markets : Stochastic Analysis and the Pricing of Derivative Securities

ISBN-13: 9780821810828 / Angielski / Twarda / 1999 / 133 str.

A.V. Mel'nikov

Opis

This work presents a comprehensive, self-contained introduction to stochastic financial mathematics. It is based on lectures given at Moscow State University, Stochastic Analysis in Finance, and comprises the basic methods and key results of the theory of derivative securities pricing in discrete financial markets. It contains a wide spectrum of material and can serve as a bridge to continuous models.