An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathematical rigor and economic interpretation

Robert C. Merton's widely-used text provides an overview and synthesis of finance theory from the perspective of continuous-time analysis. It covers individual

An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathematical rigor and economic interpretation

The third edition of this popular introduction to the classical underpinnings of the mathematics behind finance continues to combine sound mathematical principl

Continuous-Time Models in Corporate Finance synthesizes four decades of research to show how stochastic calculus can be used in corporate finance. Combining mat