Probability And Finance Theory (Second Edition)
Author | : Kian Guan Lim |
Publisher | : World Scientific Publishing Company |
Total Pages | : 534 |
Release | : 2015-09-29 |
ISBN-10 | : 9789814641951 |
ISBN-13 | : 9814641952 |
Rating | : 4/5 (952 Downloads) |
Download or read book Probability And Finance Theory (Second Edition) written by Kian Guan Lim and published by World Scientific Publishing Company. This book was released on 2015-09-29 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an introduction to the mathematical analysis of probability theory and provides some understanding of how probability is used to model random phenomena of uncertainty, specifically in the context of finance theory and applications. The integrated coverage of both basic probability theory and finance theory makes this book useful reading for advanced undergraduate students or for first-year postgraduate students in a quantitative finance course.The book provides easy and quick access to the field of theoretical finance by linking the study of applied probability and its applications to finance theory all in one place. The coverage is carefully selected to include most of the key ideas in finance in the last 50 years.The book will also serve as a handy guide for applied mathematicians and probabilists to easily access the important topics in finance theory and economics. In addition, it will also be a handy book for financial economists to learn some of the more mathematical and rigorous techniques so their understanding of theory is more rigorous. It is a must read for advanced undergraduate and graduate students who wish to work in the quantitative finance area.