Probability for Finance

Business & Finance, Economics, Statistics, Nonfiction, Science & Nature, Mathematics
Cover of the book Probability for Finance by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak ISBN: 9781107702431
Publisher: Cambridge University Press Publication: November 21, 2013
Imprint: Cambridge University Press Language: English
Author: Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
ISBN: 9781107702431
Publisher: Cambridge University Press
Publication: November 21, 2013
Imprint: Cambridge University Press
Language: English

Students and instructors alike will benefit from this rigorous, unfussy text, which keeps a clear focus on the basic probabilistic concepts required for an understanding of financial market models, including independence and conditioning. Assuming only some calculus and linear algebra, the text develops key results of measure and integration, which are applied to probability spaces and random variables, culminating in central limit theory. Consequently it provides essential prerequisites to graduate-level study of modern finance and, more generally, to the study of stochastic processes. Results are proved carefully and the key concepts are motivated by concrete examples drawn from financial market models. Students can test their understanding through the large number of exercises and worked examples that are integral to the text.

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

Students and instructors alike will benefit from this rigorous, unfussy text, which keeps a clear focus on the basic probabilistic concepts required for an understanding of financial market models, including independence and conditioning. Assuming only some calculus and linear algebra, the text develops key results of measure and integration, which are applied to probability spaces and random variables, culminating in central limit theory. Consequently it provides essential prerequisites to graduate-level study of modern finance and, more generally, to the study of stochastic processes. Results are proved carefully and the key concepts are motivated by concrete examples drawn from financial market models. Students can test their understanding through the large number of exercises and worked examples that are integral to the text.

More books from Cambridge University Press

Cover of the book Greece and the Augustan Cultural Revolution by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Urban Slavery in Colonial Mexico by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book The Cambridge Economic History of Modern Europe: Volume 1, 1700–1870 by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Understanding Language through Humor by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book The Blank-Verse Tradition from Milton to Stevens by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Anglican Enlightenment by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Saints and Symposiasts by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book America in the World by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Inside Tunisia's al-Nahda by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Transparency in International Investment Arbitration by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Reproductive Donation by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Heidegger, Art, and Postmodernity by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Egypt in a Time of Revolution by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book Riemann Surfaces and Algebraic Curves by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
Cover of the book The Life of Isaac Newton by Ekkehard Kopp, Jan Malczak, Tomasz Zastawniak
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