This textbook on the basics of option pricing is accessible to readers
with limited mathematical training. It is for both professional
traders and undergraduates studying the basics of finance. Assuming no
prior knowledge of probability, Sheldon M. Ross offers clear, simple
explanations of arbitrage, the Black-Scholes option pricing formula,
and other topics such as utility functions, optimal portfolio
selections, and the capital assets pricing model. Among the many new
features of this third edition are new chapters on Brownian motion and
geometric Brownian motion, stochastic order relations and stochastic
dynamic programming, along with expanded sets of exercises and
references for all the chapters.
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Produktdetaljer
ISBN
9781139635585
Publisert
2013
Utgave
3. utgave
Utgiver
Vendor
Cambridge University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter