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The Mathematics of Financial Derivatives

£12.99

Product description

Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics. In this book the authors describe the modelling of financial derivative products from an applied mathematician's viewpoint, from modelling through analysis to elementary computation. A unified approach to modelling derivative products as partial differential equations is presented, using numerical solutions where appropriate. Some mathematics is assumed, but clear explanations are provided for material beyond elementary calculus, probability, and algebra. Over 140 exercises are included. This volume will become the standard introduction to this exciting new field for advanced undergraduate students.

Item details

Author(s):
Paul Wilmott, Sam Howison, Jeff Dewynne
Condition:
Used: good
Dimensions:
229x152x18
EAN-13:
9780521497893
Format:
Paperback
ISBN-13:
9780521497893
Number of items:
1
Number of pages:
336
Publisher:
Cambridge University Press

Standard UK Delivery (£3.95 per order)

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About this item

Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics. In this book the authors describe the modelling of financial derivative products from an applied mathematician's viewpoint, from modelling through analysis to elementary computation. A unified approach to modelling derivative products as partial differential equations is presented, using numerical solutions where appropriate. Some mathematics is assumed, but clear explanations are provided for material beyond elementary calculus, probability, and algebra. Over 140 exercises are included. This volume will become the standard introduction to this exciting new field for advanced undergraduate students.

Author(s):
Paul Wilmott, Sam Howison, Jeff Dewynne
Condition:
Used: good
Dimensions:
229x152x18
EAN-13:
9780521497893
Format:
Paperback
ISBN-13:
9780521497893
Number of items:
1
Number of pages:
336
Publisher:
Cambridge University Press

Delivery & returns

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