Goodreads helps you keep track of books you want to read.
Start by marking “Financial Calculus” as Want to Read:
Financial Calculus
Enlarge cover
Rate this book
Clear rating
Open Preview

Financial Calculus

3.97  ·  Rating Details ·  37 Ratings  ·  3 Reviews
The first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities, this book explains, with mathematical precision and in a style tailored for market practitioners, such key concepts as martingales, change of measure, and the Heath-Jarrow-Morton model. A full Glossary of probabilistic and financial terms is ...more
Hardcover, 244 pages
Published June 11th 2015 by Cambridge University Press (first published September 19th 1996)
More Details... edit details

Friend Reviews

To see what your friends thought of this book, please sign up.

Reader Q&A

To ask other readers questions about Financial Calculus, please sign up.

Be the first to ask a question about Financial Calculus

This book is not yet featured on Listopia. Add this book to your favorite list »

Community Reviews

(showing 1-30 of 138)
filter  |  sort: default (?)  |  Rating Details
Taylor
Feb 10, 2011 Taylor rated it it was amazing
This is the most intuitive and concise introduction to asset pricing via equivalent martingale measures that I've yet encountered. The real value of this book lies in how successfully it motivates each of the pieces of theoretical machinery used in risk-neutral asset pricing: equivalent martingale measures, Ito Calculus, and so on. This book will be especially useful to people with a background in economic theory who are having trouble making the conceptual link between risk aversion, subjective ...more
Austin
Sep 09, 2009 Austin rated it liked it
Shelves: finance, non-fiction
This is a very nice, reasonably concise little monograph. While some background knowledge of options and Black-Scholes is appropriate, this is a fairly self-contained introduction to risk-neutral pricing. Honestly, while I didn't love this book, it should still be considered a must-read simply because of the paucity of better offerings.
Neal Groothuis
Jan 31, 2011 Neal Groothuis rated it it was amazing
This is concise without being terse, clear, and comprehensive. I could have replaced several of my grad school classes with a self-directed course of study using this book. (And, retrospectively, I probably should have.)
BookDB
BookDB marked it as to-read
Sep 25, 2016
Pandan
Pandan rated it liked it
Sep 23, 2016
Andrey Solovyev
Andrey Solovyev marked it as to-read
Sep 07, 2016
Ali
Ali marked it as to-read
Sep 03, 2016
Otis Casey
Otis Casey marked it as to-read
Sep 01, 2016
Anton
Anton marked it as to-read
Aug 23, 2016
Renan Virginio
Renan Virginio marked it as to-read
Aug 18, 2016
Juan Manuel
Juan Manuel marked it as to-read
Aug 07, 2016
Alaric Jin
Alaric Jin marked it as to-read
Jul 30, 2016
Denis Kelleher
Denis Kelleher marked it as to-read
Jul 27, 2016
Dan Anderson
Dan Anderson rated it liked it
Jul 19, 2016
Jeremy
Jeremy rated it liked it
Jul 14, 2016
Andreas
Andreas marked it as to-read
Jul 08, 2016
Pouya Bastani
Pouya Bastani is currently reading it
Jun 23, 2016
Foobar
Foobar marked it as to-read
Jun 14, 2016
Stanley
Stanley marked it as to-read
Jun 14, 2016
Daniel Han
Daniel Han marked it as to-read
Aug 21, 2016
J
J added it
Jun 11, 2016
Kyumi
Kyumi marked it as to-read
May 12, 2016
Daniel
Daniel added it
May 07, 2016
Chaoticreader
Chaoticreader marked it as to-read
May 06, 2016
Seong
Seong marked it as to-read
Apr 30, 2016
Luis Silva
Luis Silva marked it as to-read
Apr 28, 2016
Iljaas
Iljaas marked it as to-read
Apr 26, 2016
Matt Cooper
Matt Cooper marked it as to-read
Apr 16, 2016
Matt Cooper
Matt Cooper marked it as to-read
Apr 16, 2016
Dio Mavroyannis
Dio Mavroyannis marked it as to-read
Apr 05, 2016
« previous 1 3 4 5 next »
There are no discussion topics on this book yet. Be the first to start one »

Share This Book