Derivative Pricing in Discrete Time

by Alet Roux and Nigel J. Cutland

This book provides an introduction to the mathematical modelling of real world financial markets and the rational pricing of derivatives, which is part of the theory that not only underpins modern financial practice but is a thriving area of mathematical research. The central theme is the question of how to find a fair price for a derivative; defined to be a price at which it is not possible for any trader to make a risk free profit by trading in...

• Format: Paperback
• Language: English
• ISBN: 1447144074
• ISBN13: 9781447144076
• Release Date: September 2012
• Publisher: Springer
• Length: 325 Pages
• Weight: 0.95 lbs.
• Dimensions: 0.8" x 6.1" x 9.1"