{"product_id":"mathematics-for-finance-an-introduction-to-financial-engineering-paperback","title":"Mathematics for Finance: An Introduction to Financial Engineering - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eMarek Capiński\u003c\/b\u003e (Author), \u003cb\u003eTomasz Zastawniak\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eMathematics for Finance: An Introduction to Financial Engineering combines financial motivation with mathematical style. Assuming only basic knowledge of probability and calculus, it presents three major areas of mathematical finance, namely Option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAs with the first edition, Mathematics for Finance: An Introduction to Financial Engineering combines financial motivation with mathematical style. Assuming only basic knowledge of probability and calculus, it presents three major areas of mathematical finance, namely option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and the Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting.\u003c\/p\u003e\u003cp\u003eIn this second edition, the material has been thoroughly revised and rearranged. New features include: \u003c\/p\u003e\u003cp\u003e- A case study to begin each chapter - a real-life situation motivating the development of theoretical tools;\u003c\/p\u003e\u003cp\u003e- A detailed discussion of the case study at the end of each chapter;\u003c\/p\u003e\u003cp\u003e- A new chapter on time-continuous models with intuitive outlines of the mathematical arguments and constructions;\u003c\/p\u003e\u003cp\u003e- Complete proofs of the two fundamental theorems of mathematical finance in discrete setting.\u003c\/p\u003e\u003cp\u003eFrom the reviews of the first edition: \u003c\/p\u003e\u003cp\u003e\"This text is an excellent introduction to Mathematical Finance. Armed with a knowledge of basic calculus and probability a student can use this book to learn about derivatives, interest rates and their term structure and portfolio management.\"(Zentralblatt MATH)\u003c\/p\u003e\u003cp\u003e\"Given these basic tools, it is surprising how high a level of sophistication the authors achieve, covering such topics as arbitrage-free valuation, binomial trees, and risk-neutral valuation.\" (www.riskbook.com)\u003c\/p\u003e\u003cp\u003e\"The reviewer can only congratulate the authors with successful completion of a difficult task of writing a useful textbook on a traditionally hard topic.\" (K. Borovkov, The Australian Mathematical Society Gazette, Vol. 31 (4), 2004)\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e​Marek Capinski is Professor of Mathematics at AGH University of Science and Technology, Poland. \u003cbr\u003eTomasz Zastawniak is Professor of Mathematics at the University of York, UK. \u003cbr\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 336\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.8 x 9.1 x 6.1 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e November 25, 2010\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52340079591698,"sku":"9780857290816","price":61.54,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0941\/2211\/5346\/files\/RnllUkw1SHZwYWN2M21sdFI3bFZ1UT09.webp?v=1780491942","url":"https:\/\/ckbookstore.net\/products\/mathematics-for-finance-an-introduction-to-financial-engineering-paperback","provider":"CK BOOKSTORE","version":"1.0","type":"link"}