Mathematical Methods for Financial Markets

Marc Chesney, 2009

Overview

This book explores stochastic processes frequently used in mathematical finance. It is structured into eleven chapters, integrating financial concepts like arbitrage, contingent claims, option pricing, and default risk with mathematical tools such as Brownian motion, diffusion, and Levy processes. The initial chapters focus on continuous path processes, while the latter half addresses discontinuous ones.

Who it's for

• Readers with a basic understanding of probability theory.
• Students and professionals in finance and mathematics.
• Those interested in the mathematical underpinnings of financial markets.

Key features

• Binding: Hardcover
• Publisher: Springer
• Year: 2009
• Pages: 758
• ISBN: 9781852333768