{"product_id":"stochastic-finance-amanda-turner-9781316511251","title":"Stochastic Finance: An Introduction with Examples","description":"Stochastic Finance provides an introduction to mathematical finance that is unparalleled in its accessibility. Through classroom testing, the authors have identified common pain points for students, and their approach takes great care to help the reader to overcome these difficulties and to foster understanding where comparable texts often do not. Written for advanced undergraduate students, and making use of numerous detailed examples to illustrate key concepts, this text provides all the mathematical foundations necessary to model transactions in the world of finance. A first course in probability is the only necessary background. The book begins with the discrete binomial model and the finite market model, followed by the continuous Black-Scholes model. It studies the pricing of European options by combining financial concepts such as arbitrage and self-financing trading strategies with probabilistic tools such as sigma algebras, martingales and stochastic integration. All these concepts are introduced in a relaxed and user-friendly fashion.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Amanda Turner, Dirk Zeindler\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1316511251\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781316511251\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/06\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 252\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.55lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.53h x 7.24w x 0.16d","brand":"Amanda Turner","offers":[{"title":"Hardcover","offer_id":45476600611071,"sku":"9781316511251","price":120.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_ecab9098-5a1a-423e-977d-33b2b61da689.jpg?v=1715909813","url":"https:\/\/www.whiterainbookhouse.com\/products\/stochastic-finance-amanda-turner-9781316511251","provider":"WR Book House","version":"1.0","type":"link"}