Option Pricing: Mathematical Models and Computation [Illustrated] [Hardcover]

Paul Wilmott (Author), etc. (Author), Jeff Dewynne (Author), Sam Howison (Author)

Product Details

• Hardcover: 457 pages
• Publisher: Oxford Financial Press; illustrated edition edition (May 1, 1994)
• Language: English
• ISBN-10: 0952208202
• ISBN-13: 978-0952208204
• Product Dimensions: 9.2 x 6.3 x 1.3 inches
• Shipping Weight: 2.2 pounds
• Average Customer Review: 4.5 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #665,844 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

11 of 12 people found the following review helpful:

5.0 out of 5 stars excelent, readable, practical, March 17, 1998

By 

Vladimir Kushnir ([e-mail]) (Chicago, IL) - See all my reviews

This review is from: Option Pricing: Mathematical Models and Computation (Hardcover)

This book is excelent. Style is very practical, very readable. Not only formulas are derived, but also mathematical ideas behind are explained. The book is very result-oriented, i.e. after reading it you will know some math methods. Book requires just a minitial knowledge of math, (college level - integrals, partial derivatives), some knowledge of theory of probability, no prior knowledge of stochastic calculus, and no prior knowledge of finance. Good for a physicist learning finance.

6 of 8 people found the following review helpful:

3.0 out of 5 stars A good textbook for beginers., July 13, 1999

By A Customer

This review is from: Option Pricing: Mathematical Models and Computation (Hardcover)

This book is a very good textbook for beginers, especially mathematicians or physicists with PDE backgroud. Unfortunately, PDE is not a cure-all. It may be cumbersome in many cases. Like most research papers by the same authors, it lacks diversity.

5.0 out of 5 stars Comprehensive, very readable guide to option pricing, May 14, 1999

By A Customer

This review is from: Option Pricing: Mathematical Models and Computation (Hardcover)

This book offers very comprehensive review of a wide variety of different types of options and different approaches to evaludate the price. The mathematical side is clearly explained and it does not require extensive knowledge of probability theory. It gives deeper coverage of exotic options compared to other books on the same topic.