num_pages: 148
description: Although there are many textbooks on stochastic calculus applied to finance, this volume earns its place with a pedagogical approach. The text presents a quick (but by no means "dirty") road to the tools required for advanced finance in continuous time, including option pricing by martingale methods, term structure models in a HJM-framework and the Libor market model. The reader should be familiar with elementary real analysis and basic probability theory.
language: English
title: Introduction to Stochastic Calculus for Finance: A New Didactic Approach
titlecomplete: Introduction to Stochastic Calculus for Finance: A New Didactic Approach (Lecture Notes in Economics and Mathematical Systems, 579)
genres: Economics
ratings_count: 1
publisher: Springer