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The Art of Quantitative Finance Vol.1

Trading, Derivatives and Basic Concepts

Gerhard Larcher author

Format:Hardback

Publisher:Springer International Publishing AG

Published:31st Mar '23

Currently unavailable, and unfortunately no date known when it will be back

The Art of Quantitative Finance Vol.1 cover

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. 

“The book is very complete, didactic, with many examples, with very illustrative graphs, and nicely edited. I have no doubt that reading it can be very profitable for students and teachers of both economics and business administration … . The book very elegantly maintains the difficult balance between theory and practice. I, as a mathematician and researcher on stochastic finance … consider that the book is very interesting, recommendable … .” (Josep Vives, zbMATH 1532.91001, 2024)

ISBN: 9783031238727

Dimensions: unknown

Weight: unknown

516 pages

1st ed. 2023