“The Mathematics of Derivatives” - это книга, написанная Робертом Навином Л., которая является практическим и интуитивным введением в ключевые концепции финансовой математики. Она охватывает фундаментальные основы этой дисциплины и предоставляет аналитические и численные схемы для решения интересных задач ценообразования производных. Если Ричард Фейнман написал бы введение в финансовую математику, оно выглядело бы похоже. Эта книга содержит высококачественные проблемы и решения.
Praise for 'The Mathematics of Differentials' "The Mathematics of Differentials provides a concise and rigorous exposition of fundamental concepts and breakthroughs in quantitative finance along with appropriate modifications that account for various branches of financial engineering. Topics covered include interest rates, term structures, credit, money markets, traders, arbitrage, risk management, simulation, and optimization. This book is important reading for professional quant developers, portfolio managers, and investment analysts looking to stay current in technology, frameworks, and methodologies that shape the market environment. Readers looking to expand their horizon will find groundbreaking concepts that potentially turn research into dynamism. Nonetheless, the access approach provided by Navin L, makes this a book worth pondering over." —Jonathan Grantham, Winton Capital Management LLC "I enjoyed this book as a beginner in options modeling. Readings on multi-asset bas-ket models were especially enlightening, along with some refresher chapters on deriva-tives and triggers. Additionally, Section 9.2, detailing realities in Axisymmetric calculations for Exotic Positions, was a refreshing practice come pure finesse and creative thinking. Coming from a background of electrical engineering and economics, my initial approach was rather Device-based, but Navin's Chapter 8.1, 'Stochas-tic Calculus 101', shifted gears and built a knowledge base bridge. This reference gives me confidence to pursue PhD studies in Financial Engineering.
Электронная Книга «The Mathematics of Derivatives. Tools for Designing Numerical Algorithms» написана автором Robert Navin L. в году.
Минимальный возраст читателя: 0
Язык: Английский
ISBN: 9780470099773
Описание книги от Robert Navin L.
Praise for The Mathematics of Derivatives «The Mathematics of Derivatives provides a concise pedagogical discussion of both fundamental and very recent developments in mathematical finance, and is particularly well suited for readers with a science or engineering background. It is written from the point of view of a physicist focused on providing an understanding of the methodology and the assumptions behind derivative pricing. Navin has a unique and elegant viewpoint, and will help mathematically sophisticated readers rapidly get up to speed in the latest Wall Street financial innovations.» —David Montano, Managing Director JPMorgan Securities A stylish and practical introduction to the key concepts in financial mathematics, this book tackles key fundamentals in the subject in an intuitive and refreshing manner whilst also providing detailed analytical and numerical schema for solving interesting derivatives pricing problems. If Richard Feynman wrote an introduction to financial mathematics, it might look similar. The problem and solution sets are first rate." —Barry Ryan, Partner Bhramavira Capital Partners, London «This is a great book for anyone beginning (or contemplating), a career in financial research or analytic programming. Navin dissects a huge, complex topic into a series of discrete, concise, accessible lectures that combine the required mathematical theory with relevant applications to real-world markets. I wish this book was around when I started in finance. It would have saved me a lot of time and aggravation.» —Larry Magargal
