{"product_id":"measure-probability-and-mathematical-finance-guojun-gan-9781118831960","title":"Measure, Probability, and Mathematical Finance: A Problem-Oriented Approach","description":"\u003cp\u003e\u003cb\u003eAn introduction to the mathematical theory and financial models developed and used on Wall Street\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProviding both a theoretical and practical approach to the underlying mathematical theory behind financial models, \u003ci\u003eMeasure, Probability, and Mathematical Finance: A Problem-Oriented Approach\u003c\/i\u003e presents important concepts and results in measure theory, probability theory, stochastic processes, and stochastic calculus. Measure theory is indispensable to the rigorous development of probability theory and is also necessary to properly address martingale measures, the change of numeraire theory, and LIBOR market models. In addition, probability theory is presented to facilitate the development of stochastic processes, including martingales and Brownian motions, while stochastic processes and stochastic calculus are discussed to model asset prices and develop derivative pricing models.\u003c\/p\u003e \u003cp\u003eThe authors promote a problem-solving approach when applying mathematics in real-world situations, and readers are encouraged to address theorems and problems with mathematical rigor. In addition, \u003ci\u003eMeasure, Probability, and Mathematical Finance\u003c\/i\u003e features: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eA comprehensive list of concepts and theorems from measure theory, probability theory, stochastic processes, and stochastic calculus\u003c\/li\u003e \u003cli\u003eOver 500 problems with hints and select solutions to reinforce basic concepts and important theorems\u003c\/li\u003e \u003cli\u003eClassic derivative pricing models in mathematical finance that have been developed and published since the seminal work of Black and Scholes\u003ci\u003e \u003c\/i\u003e\n\u003c\/li\u003e \u003c\/ul\u003e \u003ci\u003eMeasure, Probability, and Mathematical Finance: A Problem-Oriented Approach\u003c\/i\u003e is an ideal textbook for introductory quantitative courses in business, economics, and mathematical finance at the upper-undergraduate and graduate levels. The book is also a useful reference for readers who need to build their mathematical skills in order to better understand the mathematical theory of derivative pricing models.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Guojun Gan,Chaoqun Ma,Hong Xie\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1118831969\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781118831960\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/07\/2014\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 752\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.45lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.20w x 1.70d","brand":"Guojun Gan","offers":[{"title":"Hardcover","offer_id":48013883769087,"sku":"9781118831960","price":164.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_b7d74f0c-1ef0-42ed-8c6d-deb6d4a51a92.jpg?v=1767745363","url":"https:\/\/www.whiterainbookhouse.com\/products\/measure-probability-and-mathematical-finance-guojun-gan-9781118831960","provider":"WR Book House","version":"1.0","type":"link"}