A. V. Mel'nikov, "Financial Markets: Stochastic Analysis and the Pricing of Derivative Securities"
English | ISBN: 0821810820 | 1999 | 133 pages | Djvu | 1 MB
English | ISBN: 0821810820 | 1999 | 133 pages | Djvu | 1 MB
This timely 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. The book contains a wide spectrum of material and can serve as a bridge to continuous models. It is suitable as a text for graduate and advanced graduate students studying economics and/or financial mathematics.