Stochastic Finance

Shiryaev, Albert N.; Grossinho, Maria do Rosário; Oliveira, Paulo E.; Esquível, Manuel L.

Since the pioneering work of Black, Scholes, and Merton in the field of financial mathematics, research has led to the rapid development of a substantial body of knowledge, with plenty of applications to the common functioning of the world’s financial institutions.

Mathematics, as the language of science, has always played a role in the development of knowledge and technology. Presently, the high-tech character of modern business has increased the need for advanced methods, which rely to a large extent on mathematical techniques. It has become essential for the financial analyst to possess a high degree of proficiency in these mathematical techniques.

Details

Published by: Springer

Publication Date: 2005-10-24

Format: Hardcover

ISBN-13: 9780387282626

DOI: 10.1007/0-387-28359-5

Dimensions: 235cm x156cm

Pages: 364