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 55 days • 1 price levels

Days at Price

Price Analysis

Most common price: £59 (55 days, 100.0%)

Price range: £59 - £59

Price levels: 1 different prices over 55 days

Description

This book provides a basic grounding in the use of probability to model random financial phenomena of uncertainty, and is targeted at an advanced undergraduate and graduate level. It should appeal to finance students looking for a firm theoretical guide to the deep end of derivatives and investments. Bankers and finance professionals in the fields of investments, derivatives, and risk management should also find the book useful in bringing probability and finance together. The book contains applications of both discrete time theory and continuous time mathematics, and is extensive in scope. Distribution theory, conditional probability, and conditional expectation are covered comprehensively, and applications to modeling state space securities under market equilibrium are made. Martingale is studied, leading to consideration of equivalent martingale measures, fundamental theorems of asset pricing, change of numeraire and discounting, risk-adjusted and forward-neutral measures, minimal and maximal prices of contingent claims, Markovian models, and the existence of martingale measures preserving the Markov property. Discrete stochastic calculus and multiperiod models leading to no-arbitrage pricing of contingent claims are also to be found in this book, as well as the theory of Markov Chains and appropriate applications in credit modeling. Measure-theoretic probability, moments, characteristic functions, inequalities, and central limit theorems are examined. The theory of risk aversion and utility, and ideas of risk premia are considered. Other application topics include optimal consumption and investment problems and interest rate theory.

Product Specifications

Brand: World Scientific Publishing Company
Format: paperback
ASIN: B00H9IF0JM
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Investments & Securities
Domain: Amazon UK
Release Date: 26 May 2011
Listed Since: 12 December 2013

It has never been this cheap. We have no record of a lower price.

World Scientific Publishing Company Probability And Finance Theory

Price Distribution

Price Analysis

Description

Product Specifications

Similar Products You Might Like

Probabilistic Inequalities

Frontiers In Approximation Theory

Biomedical Engineering Entrepreneurship

Macroeconometric Modeling Of Japan

Globalizing Information: The Economics Of International Technology Trade

Quantitative And Empirical Analysis Of Energy Markets (Revised Edition)

Ppt Principles of Finance

Algorithms, Architectures And Information Systems Security

Chaos In Nature

Mathematics And Computation In Imaging Science And Information Processing

Performance Measurement in Finance

Principles Of Bioseparations Engineering

Metallothioneins In Biochemistry And Pathology

Games And Dynamic Games

Theoretische Schriften

Physical Technics

Physical Technics

Probability And Statistical Theory For Applied Researchers

Stochastic Medical Reasoning And Environmental Health Exposure

Mathematical Methods For Mechanical Sciences

Stochastic Dynamics Of Complex Systems: From Glasses To Evolution

International Finance and Financial Policy

Webste-Fin Mgmt Theo&Pract - Cengage Learning Book

Risk Of Investment Products, The: From Product Innovation To Risk Compliance

It has never been this cheap. We have no record of a lower price.

World Scientific Publishing Company Probability And Finance Theory

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Similar Products You Might Like

Probabilistic Inequalities

Frontiers In Approximation Theory

Biomedical Engineering Entrepreneurship

Macroeconometric Modeling Of Japan

Globalizing Information: The Economics Of International Technology Trade

Quantitative And Empirical Analysis Of Energy Markets (Revised Edition)

Ppt Principles of Finance

Algorithms, Architectures And Information Systems Security

Chaos In Nature

Mathematics And Computation In Imaging Science And Information Processing

Performance Measurement in Finance

Principles Of Bioseparations Engineering

Metallothioneins In Biochemistry And Pathology

Games And Dynamic Games

Theoretische Schriften

Physical Technics

Physical Technics

Probability And Statistical Theory For Applied Researchers

Stochastic Medical Reasoning And Environmental Health Exposure

Mathematical Methods For Mechanical Sciences

Stochastic Dynamics Of Complex Systems: From Glasses To Evolution

International Finance and Financial Policy

Webste-Fin Mgmt Theo&Pract - Cengage Learning Book

Risk Of Investment Products, The: From Product Innovation To Risk Compliance