Mathematical Techniques in Finance by Ales Cerný

Mathematical Techniques in Finance by Ales Cerný

Originally published in 2003, Mathematical Techniques in Finance has become a standard textbook for master's-level finance courses containing a significant quantitative element while also being suitable for finance PhD students. This fully revised second edition continues to offer a carefully crafted blend of numerical applications and theoretical grounding in economics, finance, and mathematics, and provides plenty of opportunities for students to practice applied mathematics and cutting-edge finance. Ales Cerny mixes tools from calculus, linear algebra, probability theory, numerical mathematics, and programming to analyze in an accessible way some of the most intriguing problems in financial economics. The textbook is the perfect hands-on introduction to asset pricing, optimal portfolio selection, risk measurement, and investment evaluation. The new edition includes the most recent research in the area of incomplete markets and unhedgeable risks, adds a chapter on finite difference methods, and thoroughly updates all bibliographic references. Eighty figures, over seventy examples, twenty-five simple ready-to-run computer programs, and several spreadsheets enhance the learning experience. All computer codes have been rewritten using MATLAB and online supplementary materials have been completely updated. * A standard textbook for graduate finance courses * Introduction to asset pricing, portfolio selection, risk measurement, and investment evaluation * Detailed examples and MATLAB codes integrated throughout the text * Exercises and summaries of main points conclude each chapter

"Ales Černy's new edition of Mathematical Techniques in Finance is an excellent master's-level treatment of mathematical methods used in financial asset pricingBy updating the original edition with methods used in recent research, Černy has once again given us an up-to-date first-class textbook treatment of the subject."—Darrell Duffie, Stanford University

Ales Cerny is professor of finance at the Cass Business School, City University London.

SKU	Unavailable
ISBN 13	9780691141213
ISBN 10	0691141215
Title	Mathematical Techniques in Finance
Author	Ales Cerný
Condition	Unavailable
Binding Type	Paperback
Publisher	Princeton University Press
Year published	2009-07-26
Number of pages	412
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable