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An Introduction to the Mathematics of Financial Derivatives

Ali Hirsa, Salih N. Neftci




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 | #1572257 in eBooks |  2013-12-18 |  2013-12-18 | File type: PDF

||1 of 1 people found the following review helpful.| circular proofs|By L|There is no need to add to the typo-related comments... Instead, I would like to address the fact that mathematically speaking the book isn’t that rigorous. For instance certain "proofs" rely on THE result to prove the claim (i.e. the result). As an example, equation 9.58 and the statement below eq 9.69, its a lengthy derivation that ends where it had| ||"This text introduces quantitative tools used in pricing financial derivatives to those with basic knowledge of calculus and probability. It reviews basic derivative instruments, the arbitrage theorem, and deterministic calculus, and describes models and n

An Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments using stochastic calculus. Requiring only a basic knowledge of calculus and probability, it takes readers on a tour of advanced financial engineering. This classic title has been revised by Ali Hirsa, who accentuates its well-known strengths while introducing new subjects,...

You easily download any file type for your device.An Introduction to the Mathematics of Financial Derivatives   |  Ali Hirsa, Salih N. Neftci. Just read it with an open mind because none of us really know.

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