Financial Mathematics: Lectures given at the 3rd Session of the Centro Internazionale Matematico Estivo (C.I.M.E.) held in Bressanone, Italy, July ... Mathematics / C.I.M.E. Foundation Subseries) [Paperback]

Bruno Biais (Author), Thomas Björk (Author), Jaksa Cvitanic (Author), Nicole El Karoui (Author), Elyes Jouini (Author), J.C. Rochet (Author), Wolfgang J. Runggaldier (Editor)

Book Description

ISBN-10: 3540626425 | ISBN-13: 978-3540626428 | Publication Date: March 20, 1997 | Edition: 1

Financial Mathematics is an exciting, emerging field of application. The five sets of course notes in this book provide a bird's eye view of the current "state of the art" and directions of research. For graduate students it will therefore serve as an introduction to the field while reseachers will find it a compact source of reference. The reader is expected to have a good knowledge of the basic mathematical tools corresponding to an introductory graduate level and sufficient familiarity with probabilistic methods, in particular stochastic analysis.

Editorial Reviews

From the Back Cover

Financial Mathematics is an exciting, emerging field of application. The five sets of course notes in this book provide a bird's eye view of the current "state of the art" and directions of research. For graduate students it will therefore serve as an introduction to the field while reseachers will find it a compact source of reference. The reader is expected to have a good knowledge of the basic mathematical tools corresponding to an introductory graduate level, and sufficient familiarity with probabilistic methods, in particular stochastic analysis. B. Biais, J.C. Rochet: Risk-sharing, adverse selection and market structure.- T. Björk: Interest-rate theory.- J. Cvitanic: Optimal trading under constraints.- N. El Karoui, M.C. Quenez: Nonlinear pricing theory and backward stochastic differential equations.- E. Jouini: Market imperfections, equilibrium and arbitrage.

Product Details

• Paperback: 323 pages
• Publisher: Springer; 1 edition (March 20, 1997)
• Language: English
• ISBN-10: 3540626425
• ISBN-13: 978-3540626428
• Product Dimensions: 9.1 x 6.1 x 0.9 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #3,776,645 in Books (See Top 100 in Books)