14 of 15 people found the following review helpful
Best resource I've seen to learn ito calculus for finance,
By A Customer
This review is from: An Introduction to the Mathematics of Financial Derivatives (Academic Press Advanced Finance) (Hardcover)
i have read a lot of quant finance books and looked at a number of sources focussed to the mandatory mathematical understanding but this is the only example so far that i have been compelled to finish. the book starts at the beginning and takes a clearly well considered approach to the methodical exposition of all the concepts leading to the application of stochastic differential equations in derivatives pricing. further i think that for most practitioners, all but the real math enthusiasts, this is a self contained guide to the math used in practise.
as a result i feel indebted to the author for very real-world useful expositions that I couldnt seem to grasp elsewhere. very good job indeed.
(9 customer reviews)