Get Free Shipping on orders over $79
Mathematical Finance : Mathematics and Statistics (R0) - Ernst Eberlein

Mathematical Finance

By: Ernst Eberlein, Jan Kallsen

eText | 3 December 2019

At a Glance

eText


$139.00

or 4 interest-free payments of $34.75 with

 or 

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.

Taking continuous-time stochastic processes allowing for jumps as its starting and focal point, this book provides an accessible introduction to the stochastic calculus and control of semimartingales and explains the basic concepts of Mathematical Finance such as arbitrage theory, hedging, valuation principles, portfolio choice, and term structure modelling. It bridges thegap between introductory texts and the advanced literature in the field.

Most textbooks on the subject are limited to diffusion-type models which cannot easily account for sudden price movements. Such abrupt changes, however, can often be observed in real markets. At the same time, purely discontinuous processes lead to a much wider variety of flexible and tractable models. This explains why processes with jumps have become an established tool in the statistics and mathematics of finance.

Graduate students, researchers as well as practitioners will benefit from this monograph.

on
Desktop
Tablet
Mobile

Other Editions and Formats

Paperback

Published: 21st December 2020

More in Applied Mathematics

Markov Chains : Theory and Applications - C.R. Rao

eBOOK

RRP $359.04

$323.99

10%
OFF
Pi the Laws of Duality - G. Neal

eBOOK

Grape Explications - Neal D. Hulkower

eBOOK

RRP $18.69

$17.99

Discrete Mathematics - Julian Ting

eBOOK

Mathematics for Engineers - Ritu Shrivastava

eBOOK