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The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk)
 
 
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The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk) (Hardcover)

by Mark S. Joshi (Author) "It is arguable that risk is the key concept in modern finance..." (more)
Key Phrases: continuous barrier options, weak static replication, pathwise method, Monte Carlo, Variance Gamma, Exercises Exercise (more...)
4.4 out of 5 stars  (18 customer reviews)

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Buy this book with C++ Design Patterns and Derivatives Pricing (Mathematics, Finance and Risk) by M. S. Joshi today!

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Editorial Reviews

Review
"Very few books provide a balance between financial theory and practice. This book is one of the few books that strikes that balance."
SIAM Reivew

Product Description
This introductory text provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice. M. Joshi covers the strengths and weaknesses of such models as stochastic volatility, jump diffusion, and variance gamma, as well as the Black-Scholes. Examples and exercises, with answers, as well as computer projects, challenge the mind and encourage learning how to become a good quantitative analyst.

See all Editorial Reviews

Product Details

  • Hardcover: 492 pages
  • Publisher: Cambridge University Press (January 26, 2004)
  • Language: English
  • ISBN-10: 0521823552
  • ISBN-13: 978-0521823555
  • Product Dimensions: 10 x 7.1 x 1.3 inches
  • Shipping Weight: 2.7 pounds (View shipping rates and policies)
  • Average Customer Review: