Review
'The layout is good and clear, so is the style of notation … overall this is an excellent tool for both mathematicians interested in the world of finance as well as finance practitioners keen to rebuild the foundations of their knowledge.' Rudi Bogni, Times Higher Education Supplement
'The book is pleasantly readable and gives a good introduction.' C. Praagman, ITW Nieuws
'The book is pleasantly readable and gives a good introduction.' C. Praagman, ITW Nieuws
Book Description
The authors describe the modelling of financial derivative products from an applied mathematician's viewpoint, from modelling through analysis to elementary computation. A unified approach to modelling derivative products as partial differential equations is presented, using numerical solutions where appropriate. Over 140 exercises are included, making this suitable for an advanced undergraduate text.
