Derivative Security Pricing

Techniques, Methods and Applications

Nonfiction, Science & Nature, Mathematics, Applied, Business & Finance, Finance & Investing, Finance
Cover of the book Derivative Security Pricing by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos, Springer Berlin Heidelberg
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos ISBN: 9783662459065
Publisher: Springer Berlin Heidelberg Publication: March 25, 2015
Imprint: Springer Language: English
Author: Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
ISBN: 9783662459065
Publisher: Springer Berlin Heidelberg
Publication: March 25, 2015
Imprint: Springer
Language: English

The book presents applications of stochastic calculus to derivative security pricing and interest rate modelling. By focusing more on the financial intuition of the applications rather than the mathematical formalities, the book provides the essential knowledge and understanding of fundamental concepts of stochastic finance, and how to implement them to develop pricing models for derivatives as well as to model spot and forward interest rates. Furthermore an extensive overview of the associated literature is presented and its relevance and applicability are discussed. Most of the key concepts are covered including Ito’s Lemma, martingales, Girsanov’s theorem, Brownian motion, jump processes, stochastic volatility, American feature and binomial trees. The book is beneficial to higher-degree research students, academics and practitioners as it provides the elementary theoretical tools to apply the techniques of stochastic finance in research or industrial problems in the field.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The book presents applications of stochastic calculus to derivative security pricing and interest rate modelling. By focusing more on the financial intuition of the applications rather than the mathematical formalities, the book provides the essential knowledge and understanding of fundamental concepts of stochastic finance, and how to implement them to develop pricing models for derivatives as well as to model spot and forward interest rates. Furthermore an extensive overview of the associated literature is presented and its relevance and applicability are discussed. Most of the key concepts are covered including Ito’s Lemma, martingales, Girsanov’s theorem, Brownian motion, jump processes, stochastic volatility, American feature and binomial trees. The book is beneficial to higher-degree research students, academics and practitioners as it provides the elementary theoretical tools to apply the techniques of stochastic finance in research or industrial problems in the field.

More books from Springer Berlin Heidelberg

Cover of the book Areas of Vocational Education Research by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Multislice CT by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book The Chondrocranium of Cryptoprocta ferox by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Air Pollution by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Anwendungsbezogenes Projektmanagement by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Transactions on Rough Sets XX by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Endodontic Pain by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Testing Molecular Wires by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Practice of Intramedullary Locked Nails by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Surgery of Larynx and Trachea by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Venography of the Inferior Vena Cava and Its Branches by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Environmental Kuznets Curves by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Environmental Epigenomics in Health and Disease by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Vagotomy by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
Cover of the book Economic Policy in a Monetary Union by Carl Chiarella, Xue-Zhong He, Christina Sklibosios Nikitopoulos
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy