Title
Stochastic Calculus for Finance II: ContinuousTime Models (Springer Finance),Used
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Stochastic Calculus for Finance evolved from the first ten years of the Carnegie Mellon Professional Master's program in Computational Finance. The content of this book has been used successfully with students whose mathematics background consists of calculus and calculusbased probability. The text gives both precise statements of results, plausibility arguments, and even some proofs, but more importantly intuitive explanations developed and refine through classroom experience with this material are provided. The book includes a selfcontained treatment of the probability theory needed for stochastic calculus, including Brownian motion and its properties. Advanced topics include foreign exchange models, forward measures, and jumpdiffusion processes.This book is being published in two volumes. This second volume develops stochastic calculus, martingales, riskneutral pricing, exotic options and term structure models, all in continuous time.Master's level studentsand researchers in mathematical finance and financial engineering will find this book useful.
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- Q: What is the page count of this book? A: This book contains five hundred sixty-nine pages. It provides a comprehensive guide to stochastic calculus and its applications in finance.
- Q: What are the dimensions of this book? A: The book measures nine point four five inches in length, one point four two inches in width, and nine point four nine inches in height. These dimensions make it a standard size for hardcover books.
- Q: What is the binding type of this book? A: The book is bound in hardcover. This durable binding is ideal for frequent use and long-lasting shelf life.
- Q: Who is the author of this book? A: The author is Steven Shreve. He is recognized for his expertise in mathematical finance and has contributed significantly to the field.
- Q: What is the main focus of this book? A: The main focus is on stochastic calculus and continuous-time models in finance. It delves into advanced topics suitable for master's level students and researchers.
- Q: Is this book suitable for beginners? A: No, this book is not suitable for beginners. It is designed for master's level students with a solid mathematical background.
- Q: Can I use this book for self-study? A: Yes, you can use this book for self-study. It includes intuitive explanations and proofs that are beneficial for independent learners.
- Q: Is this book suitable for financial engineering students? A: Yes, this book is highly suitable for financial engineering students. It covers essential topics in stochastic calculus relevant to the field.
- Q: What is the shelf life of this book? A: The shelf life of this book can be indefinite if stored properly. Keeping it in a dry, cool place will help maintain its condition.
- Q: How do I keep this book in good condition? A: To keep the book in good condition, avoid exposure to moisture and direct sunlight. Store it upright on a shelf.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact the seller for a return or exchange. Most sellers have policies in place for damaged items.
- Q: Is there a warranty for this book? A: No, there is typically no warranty for books. However, return policies vary by seller.
- Q: Can I find a digital version of this book? A: Yes, a digital version may be available. Check online retailers or the publisher's website for eBook options.
- Q: Is this book part of a series? A: Yes, this book is part of a two-volume series on stochastic calculus for finance. The first volume covers foundational topics.
- Q: What kind of advanced topics does this book cover? A: This book covers advanced topics such as martingales, risk-neutral pricing, and exotic options. These topics are crucial for understanding financial models.
- Q: Who is the publisher of this book? A: The publisher is Springer. They are well-known for their academic publications in various fields, including finance.