Arbitrage Theory in Continuous Time

This accessible introduction to the mathematical underpinnings of finance concentrates on the probabilistic theory of continuous arbitrage pricing of financial derivatives. It includes a solved example for every new technique presented, numerous exercises, and a Further Reading list in each chapter.

Aceasta introducere accesibila la bazele matematice ale finantelor se concentreaza pe teoria probabilistica a preturilor de arbitraj continuu ale instrumentelor financiare derivate. Acesta include un exemplu rezolvat pentru fiecare noua tehnica prezentata, numeroase exercitii si o lista de lecturi suplimentare in fiecare capitol.