0
MATHEMATICAL FINANCE

MATHEMATICAL FINANCE

A VERY SHORT INTRODUCTION

M. H. A. DAVIS

12,50 €
IVA included
No stock. Please check price
Publisher:
OXFORD WORLDS CLASSICS
Year of publication:
2019
Subject:
Non fiction
ISBN:
978-0-19-878794-5
Pages:
133
12,50 €
IVA included
No stock. Please check price
Inquire
Add to favorites

In recent years the finance industry has mushroomed to become an important part of modern economies, and many science and engineering graduates have joined the industry as quantitative analysts, with mathematical and computational skills that are needed to solve complex problems of asset valuation and risk management. An important parallel story exists of scientific endeavour. Between 1965-1995, insightful ideas in economics about asset valuation were turned into a mathematical "theory of arbitrage," an enterprise whose first achievement was the famous 1973 Black-Scholes formula, followed by extensive investigations using all the resources of modern analysis and probability. The growth of the finance industry proceeded hand-in-hand with these developments. Now new challenges arise to deal with the fallout from the 2008 financial crisis and to take advantage of new technology, which has revolutionized the practice of trading. This Very Short Introduction introduces readers with no previous background in this area to arbitrage theory and why it works the way it does. Illuminating pricing theory, Mark Davis explains its applications to interest rates, credit trading, fund management and risk management. He concludes with a survey of the most pressing issues in mathematical finance today. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Related Articles

  • WANT
    WANT
    GILLIAN ANDERSON
    THE INSTANT NO. 1 SUNDAY TIMES BESTSELLER SHORTLISTED FOR THE BRITISH BOOK AWARDS BOOK OF THE YEAR 'Want makes for addictive reading . . . compelling' Guardian 'I just loved reading it. It's exceptional' Fearne Cotton, Happy Place 'An empowering project' Stylist 'Extremely sexy . . . Want is the horny manifesto your TBR list will thank you for' Cosmopolitan What do you want w...
    Low stock

    13,75 €

  • WILD THING
    WILD THING
    SUE PRIDEAUX
    A vital re-examination of the trailblazing and controversial artist Paul Gauguin, by the prize-winning author of I Am Dynamite! ...
    Available

    16,25 €

  • PRIDE AND PREJUDICES
    PRIDE AND PREJUDICES
    KEIO YOSHIDA
    Internationally acclaimed human rights lawyer Keio Yoshida uncovers the ongoing battle for LGBTQ+ rights, how far we've come, and how much further we have to go. The right to life and the right to live life free from discrimination are rights that are codified and legally protected, but -- unlike those on women's rights, disability rights, children's rights, freedom from tortur...
    Available

    21,25 €

  • RAISING HARE
    RAISING HARE
    CHLOE DALTON
    THE INSTANT SUNDAY TIMES AND NEW YORK TIMES BESTSELLERSHORTLISTED FOR THE WOMEN'S PRIZE FOR NON-FICTIONSHORTLISTED FOR WATERSTONES BOOK OF THE YEARSHORTLISTED FOR THE HATCHARDS AND BIOGRAPHERS' CLUB FIRST BIOGRAPHY PRIZE A BOOK OF THE YEAR FOR THE HAY FESTIVAL, SUNDAY TIMES, THE TIMES, FINANCIAL TIMES, SPECTATOR AND iNEWS'A beautiful book' - ANGELINA JOLIE'I will be recommendin...
    Low stock

    13,75 €

  • LIKE LOVE
    LIKE LOVE
    MAGGIE NELSON
    A CAREER-SPANNING COLLECTION OF INSPIRING, REVELROUS ESSAYS ABOUT ART AND ARTISTS 'Like Love may be one of the most movingly specific, the most lovingly unruly celebrations of the ethics of friendship we have' Guardian 'Incisive, smart and witty, it will leave you looking and love and life anew' i Like Love is a momentous, raucous collection of essays drawn from twenty years...
    Available

    13,75 €

  • THE LIGHT EATERS
    THE LIGHT EATERS
    ZOE SCHLANGER
    "teeming with fascinating and enlightening insights" Observer A narrative investigation into the new science of plant intelligence and sentience, from National Association of Science Writers Award winner and Livingston Award finalist Zoe Schlanger. Look at the green organism across the room or through the window: the potted plant, or the grass or a tree. Think how a life spent ...
    Low stock

    13,75 €