000			02058nam a22003377a 4500
001			sulb-eb0017184
003			BD-SySUS
005			20160405140637.0
008			110307s2012||||enk o ||1 0|eng|d
020			_a9781139051583 (ebook)
020			_z9781107002630 (hardback)
020			_z9780521175722 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP _dBD-SySUS.
050	0	0	_aHG106 _b.C357 2012
082	0	0	_a332.01/5111 _223
100	1		_aCapiński, Marek, _eauthor.
245	1	0	_aDiscrete Models of Financial Markets / _cMarek Capiński, Ekkehard Kopp.
264		1	_aCambridge : _bCambridge University Press, _c2012.
300			_a1 online resource (192 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	0		_aMastering Mathematical Finance
500			_aTitle from publisher's bibliographic system (viewed on 04 Apr 2016).
520			_aThis book explains in simple settings the fundamental ideas of financial market modelling and derivative pricing, using the no-arbitrage principle. Relatively elementary mathematics leads to powerful notions and techniques - such as viability, completeness, self-financing and replicating strategies, arbitrage and equivalent martingale measures - which are directly applicable in practice. The general methods are applied in detail to pricing and hedging European and American options within the Cox–Ross–Rubinstein (CRR) binomial tree model. A simple approach to discrete interest rate models is included, which, though elementary, has some novel features. All proofs are written in a user-friendly manner, with each step carefully explained and following a natural flow of thought. In this way the student learns how to tackle new problems.
700	1		_aKopp, Ekkehard, _eauthor.
776	0	8	_iPrint version: _z9781107002630
830		0	_aMastering Mathematical Finance.
856	4	0	_uhttp://dx.doi.org/10.1017/CBO9781139051583
942			_2Dewey Decimal Classification _ceBooks
999			_c38622 _d38622