£91.34

About as cheap as it gets — within 5% of the all-time low it hit 2 months ago.

£91 today · all-time low £88 (Aug 2026) · usually the usual

Cambridge University Press The BlackScholesMerton Model as an Idealization of Discrete-Time Economies: 63 (Econometric Society Monographs, Series Number 63)

View at Amazon

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 46 days · 46 data points (no recent data)

Historical
Generating forecast…
£92.82 £87.71 £88.82 £89.94 £91.05 £92.17 £93.29 25 July 2026 05 August 2026 16 August 2026 27 August 2026 08 September 2026
View at Amazon ↗

Price data last checked 45 day(s) ago - refreshing...

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↑ Price chart
when this has been cheap or pricey
↑ Forecast
where the price is heading next
↓ Statistics
all-time high & low, recent range
↑ Price alert
name your number, we'll email you

Price Distribution

Price distribution over 46 days • 3 price levels

Days at Price
Current Price
26 days 11 days · current 9 days 0 7 13 20 26 £88 £91 £93 Days at Price

Price Analysis

Most common price: £88 (26 days, 56.5%)

Price range: £88 - £93

Price levels: 3 different prices over 46 days

Description

This book examines whether continuous-time models in frictionless financial economies can be well approximated by discrete-time models. It specifically looks to answer the question: in what sense and to what extent does the famous Black-Scholes-Merton (BSM) continuous-time model of financial markets idealize more realistic discrete-time models of those markets? While it is well known that the BSM model is an idealization of discrete-time economies where the stock price process is driven by a binomial random walk, it is less known that the BSM model idealizes discrete-time economies whose stock price process is driven by more general random walks. Starting with the basic foundations of discrete-time and continuous-time models, David M. Kreps takes the reader through to this important insight with the goal of lowering the entry barrier for many mainstream financial economists, thus bringing less-technical readers to a better understanding of the connections between BSM and nearby discrete-economies.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
19 September 2019
Listed Since
10 May 2019

Barcode

No barcode data available

Similar Products You Might Like

Arbitrage Theory In Discrete And Continuous Time
97% match

Arbitrage Theory In Discrete And Continuous Time

World Scientific Publishing Company

£52.51 02 Oct 2026
Stochastic Processes and Financial Mathematics: 1 (Mathematics Study Resources, 1)
97% match

Stochastic Processes and Financial Mathematics: 1 (Mathematics Study Resources, 1)

Springer

£46.51 10 Sep 2026
Dynamic Asset Pricing Theory: Third Edition (Princeton Series in Finance)
97% match

Dynamic Asset Pricing Theory: Third Edition (Princeton Series in Finance)

Princeton University Press

£49.33 03 Sep 2026
Continuous Time Processes for Finance: Switching, Self-exciting, Fractional and other Recent Dynamics: 12 (Bocconi & Springer Series, 12)
97% match

Continuous Time Processes for Finance: Switching, Self-exciting, Fractional and other Recent Dynamics: 12 (Bocconi & Springer Series, 12)

Springer

£94.74 24 Sep 2026
Stochastic Financial Models (Chapman and Hall/CRC Financial Mathematics Series)
97% match

Stochastic Financial Models (Chapman and Hall/CRC Financial Mathematics Series)

CRC Press

£93.79 11 Sep 2026
Mathematical Methods and Quantum Mathematics for Economics and Finance
97% match

Mathematical Methods and Quantum Mathematics for Economics and Finance

Springer

£61.84 30 Sep 2026
Mathematical Methods and Quantum Mathematics for Economics and Finance
97% match

Mathematical Methods and Quantum Mathematics for Economics and Finance

Springer

£84.89 08 Sep 2026
Stochastic Calculus for Quantitative Finance: Stochastic Calculus for Finance
97% match

Stochastic Calculus for Quantitative Finance: Stochastic Calculus for Finance

Elsevier

£62.50 12 Sep 2026
DETERMINISTIC AND STOCHASTIC TOPICS IN COMPUTATIONAL FINANCE
97% match

DETERMINISTIC AND STOCHASTIC TOPICS IN COMPUTATIONAL FINANCE

World Scientific Publishing Company

£68.33 13 Sep 2026
Probability and Random Processes with One Thousand Exercises in Probability
97% match

Probability and Random Processes with One Thousand Exercises in Probability

Oxford University Press

£83.88 04 Sep 2026
Financial Economics, Risk And Information (2nd Edition)
97% match

Financial Economics, Risk And Information (2nd Edition)

World Scientific Publishing Company

£60.38 22 Sep 2026
Introduction to Stochastic Calculus Applied to Finance (Chapman and Hall/CRC Financial Mathematics Series)
97% match

Introduction to Stochastic Calculus Applied to Finance (Chapman and Hall/CRC Financial Mathematics Series)

CRC Press

£49.93 28 Aug 2026
Financial Mathematics: From Discrete to Continuous Time (Chapman and Hall/CRC Financial Mathematics Series)
97% match

Financial Mathematics: From Discrete to Continuous Time (Chapman and Hall/CRC Financial Mathematics Series)

CRC Press

£93.94 25 Sep 2026
Advanced Asset Pricing Theory: 2 (SERIES IN QUANTITATIVE FINANCE)
97% match

Advanced Asset Pricing Theory: 2 (SERIES IN QUANTITATIVE FINANCE)

Imperial College Press

£82.96 02 Oct 2026
Financial Models with Levy Processes and Volatility Clustering: 187 (Frank J. Fabozzi Series)
97% match

Financial Models with Levy Processes and Volatility Clustering: 187 (Frank J. Fabozzi Series)

Wiley

£55.40 02 Oct 2026
Financial Mathematics: A Comprehensive Treatment in Discrete Time (Chapman and Hall/CRC Financial Mathematics Series)
97% match

Financial Mathematics: A Comprehensive Treatment in Discrete Time (Chapman and Hall/CRC Financial Mathematics Series)

CRC Press

£95.72 25 Sep 2026
MIT Press - The Economics of Continuous-Time Finance Book
97% match

MIT Press - The Economics of Continuous-Time Finance Book

MIT Press

£44.21 22 Oct 2026
Analytically Tractable Stochastic Stock Price Models (Springer Finance)
97% match

Analytically Tractable Stochastic Stock Price Models (Springer Finance)

Springer

£43.32 04 Sep 2026
The Mathematics of Finance: Modeling and Hedging (Pure and Applied Undergraduate Texts)
97% match

The Mathematics of Finance: Modeling and Hedging (Pure and Applied Undergraduate Texts)

£30.33 22 Sep 2026
A Factor Model Approach to Derivative Pricing
96% match

A Factor Model Approach to Derivative Pricing

CRC Press

£183.52 03 Sep 2026
Options Pricing and Portfolio Optimization: Modern Methods of Financial Mathematics (Graduate Studies in Mathematics)
96% match

Options Pricing and Portfolio Optimization: Modern Methods of Financial Mathematics (Graduate Studies in Mathematics)

Brand: Amer Mathematical Society

£47.50 08 Sep 2026