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Probability for Finance

Probability for Finance

by Tomasz ZastawniakEkkehard Kopp and Jan Malczak
Paperback
Publication Date: 21/11/2013
RRP  $43.95 $43.25
      Please Note: We will source your item through a special order. Generally sent within 120 days.
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.
ISBN:
9780521175579
9780521175579
Category:
Probability & statistics
Format:
Paperback
Publication Date:
21-11-2013
Language:
English
Publisher:
Cambridge University Press
Country of origin:
United Kingdom
Pages:
196
Dimensions (mm):
228x152x12mm
Weight:
0.3kg

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