Elementary Probability Theory: With Stochastic Processes and an Introduction to Mathematical Finance

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Springer Science & Business Media, Jul 14, 2006 - Mathematics - 404 pages
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In this edition two new chapters, 9 and 10, on mathematical finance are added. They are written by Dr. Farid AitSahlia, ancien eleve, who has taught such a course and worked on the research staff of several industrial and financial institutions. The new text begins with a meticulous account of the uncommon vocab ulary and syntax of the financial world; its manifold options and actions, with consequent expectations and variations, in the marketplace. These are then expounded in clear, precise mathematical terms and treated by the methods of probability developed in the earlier chapters. Numerous graded and motivated examples and exercises are supplied to illustrate the appli cability of the fundamental concepts and techniques to concrete financial problems. For the reader whose main interest is in finance, only a portion of the first eight chapters is a "prerequisite" for the study of the last two chapters. Further specific references may be scanned from the topics listed in the Index, then pursued in more detail.
 

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User Review  - name99 - LibraryThing

I usually find books on probability boring and irritating, but I was very happy with this one. It does a fine job of covering measure theory in a useful fashion, and is an acceptable first pass at covering stochastic processes. Read full review

Contents

III
1
IV
3
V
7
VI
13
VII
17
VIII
20
IX
24
X
31
XL
203
XLI
211
XLII
222
XLIII
229
XLIV
233
XLV
239
XLVI
246
XLVII
251

XI
35
XII
39
XIII
42
XIV
46
XV
49
XVI
55
XVII
62
XVIII
70
XIX
74
XX
78
XXI
84
XXII
90
XXIII
95
XXIV
105
XXV
109
XXVI
115
XXVII
117
XXVIII
122
XXIX
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XXX
136
XXXI
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XXXII
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XXXIII
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XXXIV
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XXXV
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XXXVI
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XXXVII
180
XXXVIII
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XXXIX
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XLVIII
254
XLIX
261
L
266
LI
275
LII
284
LIII
291
LIV
303
LV
314
LVI
325
LVII
329
LVIII
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LIX
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LX
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LXI
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LXII
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LXIII
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LXIV
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LXV
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LXVI
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LXVII
366
LXVIII
372
LXIX
376
LXX
377
LXXI
379
LXXII
381
LXXIII
393
LXXIV
397
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