£96.99

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£97 today · all-time low £93 (Aug 2026) · usually the usual

Springer Martingale Methods in Financial Modelling - 2nd Ed

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Description

Enhance your understanding of stochastic modelling with Martingale Methods in Financial Modelling by Springer. This 2nd edition provides an updated approach to financial mathematics, featuring a brand new chapter dedicated to volatility risk. This addition ensures that the hedging of plain-vanilla options and the valuation of exotic options extend beyond the standard Black-Scholes framework of constant volatility. This edition has been refined for better readability and includes an extensively revised second chapter on discrete-time markets. Readers will benefit from simplified proofs and new sections covering optimal stopping problems and Dynkin games. It is a comprehensive resource for studying the valuation and hedging of American-style options and other complex financial instruments.

Key Features

This Springer publication includes a brand new chapter devoted to volatility risk for advanced financial study.

The 2nd edition offers improved readability by omitting specific sections in Part I to streamline the learning process.

Revised content includes an extensively updated second chapter focusing on discrete-time markets.

New sections on optimal stopping problems and Dynkin games provide expanded mathematical coverage.

Simplified proofs throughout the text make complex results easier to follow for students and professionals.

This book covers advanced applications including the valuation and hedging of American-style options.

Each copy is provided in new, mint condition with guaranteed packaging for secure delivery.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
25 November 2004
Listed Since
01 February 2007

Barcode

No barcode data available

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