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The Art of Quantitative Finance Vol.1: Trading, Derivatives and Basic Concepts: Springer Texts in Business and Economics

Autor Gerhard Larcher
en Limba Engleză Hardback – 31 mar 2023
This textbook offers an easily understandable introduction to the fundamental concepts of financial mathematics and financial engineering. The author presents and discusses the basic concepts of financial engineering and illustrates how to trade and to analyze financial products with numerous examples. Special attention is given to the valuation of basic financial derivatives. In the final section of the book, the author introduces the Wiener Stock Price Model and the basic principles of Black-Scholes theory. The book’s aim is to introduce readers to the basic techniques of modern financial mathematics in a way that is intuitive and easy to follow, and to provide financial mathematicians with insights into practical requirements when applying financial mathematical techniques in the real world. 
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Specificații

ISBN-13: 9783031238727
ISBN-10: 3031238729
Pagini: 516
Ilustrații: XIX, 516 p. 377 illus., 361 illus. in color.
Dimensiuni: 155 x 235 mm
Greutate: 0.93 kg
Ediția:1st ed. 2023
Editura: Springer International Publishing
Colecția Springer
Seria Springer Texts in Business and Economics

Locul publicării:Cham, Switzerland

Cuprins

Basic products and interest calculations.- Derivatives and trading in derivatives, basic concepts and strategies.- Basics of derivative valuation.- The Wiener Stock Price Model and the basic principles of Black-Scholes theory

Notă biografică

Prof. Gerhard Larcher is full Professor for Financial Mathematics and Head of the Institute for Financial Mathematics and Applied Number Theory at the Johannes Kepler University Linz in Austria. He is the spokesperson of the project 'Quasi-Monte Carlo Methods: Theory and Applications', a special research program funded by the Austrian government.

Textul de pe ultima copertă

This textbook offers an easily understandable introduction to the fundamental concepts of financial mathematics and financial engineering. The author presents and discusses the basic concepts of financial engineering and illustrates how to trade and to analyze financial products with numerous examples. Special attention is given to the valuation of basic financial derivatives. In the final section of the book, the author introduces the Wiener Stock Price Model and the basic principles of Black-Scholes theory. The book’s aim is to introduce readers to the basic techniques of modern financial mathematics in a way that is intuitive and easy to follow, and to provide financial mathematicians with insights into practical requirements when applying financial mathematical techniques in the real world. 

Caracteristici

Provides the theoretical foundations of financial mathematics Presents the basic concepts of derivatives and trading strategies Discusses the Wiener Stock Price Model and the Black-Scholes theory