Elementare Wahrscheinlichkeitstheorie Und Stochastische Prozesse


Financial Mathematics
Author: Kai L. Chung
Publisher: Springer-Verlag
ISBN: 3642670334
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Elementare Wahrscheinlichkeitstheorie Und Stochastische Prozesse

eBook File: Financial-mathematics.PDF Book by Kai L. Chung, Elementare Wahrscheinlichkeitstheorie Und Stochastische Prozesse Books available in PDF, EPUB, Mobi Format. Download Elementare Wahrscheinlichkeitstheorie Und Stochastische Prozesse books, Aus den Besprechungen: "Unter den zahlreichen Einführungen in die Wahrscheinlichkeitsrechnung bildet dieses Buch eine erfreuliche Ausnahme. Der Stil einer lebendigen Vorlesung ist über Niederschrift und Übersetzung hinweg erhalten geblieben. In jedes Kapitel wird sehr anschaulich eingeführt. Sinn und Nützlichkeit der mathematischen Formulierungen werden den Lesern nahegebracht. Die wichtigsten Zusammenhänge sind als mathematische Sätze klar formuliert." #FREQUENZ#1


Elementare Wahrscheinlichkeitstheorie und stochastische Prozesse
Language: de
Pages: 346
Authors: Kai L. Chung
Categories: Mathematics
Type: BOOK - Published: 2013-03-07 - Publisher: Springer-Verlag
Aus den Besprechungen: "Unter den zahlreichen Einführungen in die Wahrscheinlichkeitsrechnung bildet dieses Buch eine erfreuliche Ausnahme. Der Stil einer lebendigen Vorlesung ist über Niederschrift und Übersetzung hinweg erhalten geblieben. In jedes Kapitel wird sehr anschaulich eingeführt. Sinn und Nützlichkeit der mathematischen Formulierungen werden den Lesern nahegebracht. Die wichtigsten Zusammenhänge sind als mathematische Sätze klar formuliert." #FREQUENZ#1
Financial Mathematics For Actuaries (Second Edition)
Language: en
Pages: 372
Authors: Wai-sum Chan, Yiu-kuen Tse
Categories: Business & Economics
Type: BOOK - Published: 2017-07-28 - Publisher: World Scientific Publishing Company
Financial Mathematics for Actuaries is a textbook for students in actuarial science, quantitative finance, financial engineering and quantitative risk management and is designed for a one-semester undergraduate course.Covering the theories of interest rates, with applications to the evaluation of cash flows, the pricing of fixed income securities and the management of bonds, this textbook also contains numerous examples and exercises and extensive coverage of various Excel functions for financial calculation. Discussions are linked to real financial market data, such as historical term structure, and traded financial securities.The topics discussed in this book are essential for actuarial science students. They are also useful for students in financial markets, investments and quantitative finance. Students preparing for examinations in financial mathematics with various professional actuarial bodies will also find this book useful for self-study.In this second edition, the recent additions in the learning objectives of the Society of Actuaries Exam FM have been covered.
Lectures on Financial Mathematics
Language: en
Pages: 51
Authors: Greg Anderson, Alec N. Kercheval
Categories: Business & Economics
Type: BOOK - Published: 2010 - Publisher: Morgan & Claypool Publishers
This is a short book on the fundamental concepts of the no-arbitrage theory of pricing financial derivatives. Its scope is limited to the general discrete setting of models for which the set of possible states is finite and so is the set of possible trading times--this includes the popular binomial tree model. This setting has the advantage of being fairly general while not requiring a sophisticated understanding of analysis at the graduate level. Topics include understanding the several variants of "arbitrage," the fundamental theorems of asset pricing in terms of martingale measures, and applications to forwards and futures. The authors' motivation is to present the material in a way that clarifies as much as possible why the often confusing basic facts are true. Therefore the ideas are organized from a mathematical point of view with the emphasis on understanding exactly what is under the hood and how it works. Every effort is made to include complete explanations and proofs, and the reader is encouraged to work through the exercises throughout the book. The intended audience is students and other readers who have an undergraduate background in mathematics, including exposure to linear algebra, some advanced calculus, and basic probability. The book
Financial mathematics
Language: en
Pages: 159
Authors: Young Choon Kim
Categories: Study Aids
Type: BOOK - Published: 2020-10-21 - Publisher: Young Advisory
How To Use This Book To pass Exam FM, candidates must systematically understand the key points and be able to solve the SOA sample questions properly. However, the key points are scattered in the SOA study notes and the SOA sample questions are not well structured. Therefore, it is difficult for candidates to efficiently prepare for Exam FM with only the SOA study notes and the SOA sample questions. This book can help candidates in this regard. The key points are systematically organized and the SOA sample questions are well arranged. For important questions, useful solutions are also included. The author is confident that it will be efficient to prepare for Exam FM by following the steps below. 1. Study the key points with this book 2. Refer to the SOA study notes if necessary. 3. Solve the SOA sample questions in the order presented in this book. 4. Refer to the useful solutions in this book for important problems. Candidates preparing for Exam FM Dec. 2020 and Feb. 2021 can use this book.
Financial Mathematics
Language: en
Pages: 829
Authors: Giuseppe Campolieti, Roman N. Makarov
Categories: Business & Economics
Type: BOOK - Published: 2018-10-24 - Publisher: CRC Press
Versatile for Several Interrelated Courses at the Undergraduate and Graduate Levels Financial Mathematics: A Comprehensive Treatment provides a unified, self-contained account of the main theory and application of methods behind modern-day financial mathematics. Tested and refined through years of the authors’ teaching experiences, the book encompasses a breadth of topics, from introductory to more advanced ones. Accessible to undergraduate students in mathematics, finance, actuarial science, economics, and related quantitative areas, much of the text covers essential material for core curriculum courses on financial mathematics. Some of the more advanced topics, such as formal derivative pricing theory, stochastic calculus, Monte Carlo simulation, and numerical methods, can be used in courses at the graduate level. Researchers and practitioners in quantitative finance will also benefit from the combination of analytical and numerical methods for solving various derivative pricing problems. With an abundance of examples, problems, and fully worked out solutions, the text introduces the financial theory and relevant mathematical methods in a mathematically rigorous yet engaging way. Unlike similar texts in the field, this one presents multiple problem-solving approaches, linking related comprehensive techniques for pricing different types of financial derivatives. The book provides complete coverage of both discrete- and continuous-time financial models that
Exam Prep for: Financial Mathematics
Language: en
Pages:
Authors: Giuseppe Campolieti, Roman N. Makarov
Categories: Business & Economics
Type: - Published: - Publisher:
Books about Exam Prep for: Financial Mathematics
Financial Mathematics
Language: en
Pages: 121
Authors: D. A. Young
Categories: Business mathematics
Type: BOOK - Published: 1993 - Publisher: Juta and Company Ltd
This text indicates where a financial calculator can be effectively used. It also points out how (in a non-technical sense) the calculator is able to solve equations numerically when algebraic methods fail.
Financial Mathematics
Language: en
Pages: 364
Authors: Clarence H. Richardson
Categories: Mathematics
Type: BOOK - Published: 2008-11 - Publisher: Spalding Press
FINANCIAL MATHEMATICS BY CLARENCE H. RICHARDSON, PH. D. Professor of Mathematics, Bucknell University AND ISAIAH LESLIE MILLER Late Professor of Mathematics, South Dakota State College of Agriculture and Mechanic Arts NEW YORK D. VAN NOSTRAND COMPANY, INC. 250 FOURTH AVENUE 1946 COPY RIGHT, 1946 BY D. VAN NOSTHAND COMPANY, INC. All Rights Reserved Thin book, or any parts thereof, may not be reproduced in any form without written per mission from the authors and the publishers. Based on Business fathematics, I. L. Miller, copyright 1935 second edition copyright 1939 and Commercial Algebra and Mathematics of Finance, I. L. Miller and C. H. Richardson, copyright 1939 by D. Van Nostrand Company, Inc. PRINTED IN THE UNITED STATES OF AMERICA PREFACE This text is designed for a three-hour, one-year course for students who desire a knowledge of the mathematics of modern business and finance. While the vocational aspects of the subject should be especially attractive to students of commerce and business administration, yet an understanding of the topics that are considered interest, discount, an nuities, bond valuation, depreciation, insurance may well be desirable information for the educated layman. To live intelligently in this complex age requires more than a super ficial knowledge
Financial Mathematics
Language: en
Pages: 316
Authors: Bruno Biais, Centro internazionale matematico estivo. Session, Thomas Björk, Centro internazionale matematico estivo, Jaksa Cvitanic, Centro Internazionale Matematico Estivo Staff, Nicole El Karoui, Elyes Jouini, J.C. Rochet
Categories: Business & Economics
Type: BOOK - Published: 1997-03-20 - Publisher: Springer Science & Business Media
Financial Mathematics is an exciting, emerging field of application. The five sets of course notes in this book provide a bird's eye view of the current "state of the art" and directions of research. For graduate students it will therefore serve as an introduction to the field while reseachers will find it a compact source of reference. The reader is expected to have a good knowledge of the basic mathematical tools corresponding to an introductory graduate level, and sufficient familiarity with probabilistic methods, in particular stochastic analysis. B. Biais, J.C. Rochet: Risk-sharing, adverse selection and market structure.- T. Björk: Interest-rate theory.- J. Cvitanic: Optimal trading under constraints.- N. El Karoui, M.C. Quenez: Nonlinear pricing theory and backward stochastic differential equations.- E. Jouini: Market imperfections, equilibrium and arbitrage.
Financial Mathematics
Language: en
Pages: 294
Authors: Andrea Pascucci, Wolfgang J. Runggaldier
Categories: Mathematics
Type: BOOK - Published: 2012-04-05 - Publisher: Springer Science & Business Media
With the Bologna Accords a bachelor-master-doctor curriculum has been introduced in various countries with the intention that students may enter the job market already at the bachelor level. Since financial Institutions provide non negligible job opportunities also for mathematicians, and scientists in general, it appeared to be appropriate to have a financial mathematics course already at the bachelor level in mathematics. Most mathematical techniques in use in financial mathematics are related to continuous time models and require thus notions from stochastic analysis that bachelor students do in general not possess. Basic notions and methodologies in use in financial mathematics can however be transmitted to students also without the technicalities from stochastic analysis by using discrete time (multi-period) models for which general notions from Probability suffice and these are generally familiar to students not only from science courses, but also from economics with quantitative curricula. There do not exists many textbooks for multi-period models and the present volume is intended to fill in this gap. It deals with the basic topics in financial mathematics and, for each topic, there is a theoretical section and a problem section. The latter includes a great variety of possible problems with complete solution.