000			02914cam a22002054i 4500
020			_a9780123846822
041			_aENG
082	0	0	_a332.632 _bHIR
100	1		_aHirsa, Ali.
245	1	3	_aAn introduction to the mathematics of financial derivatives / _cetd. by Ali Hirsa, Salih N. Neftci.
250			_a3rd ed.
260			_aCambridge: _bAcademic Press, _c2014.
300			_aix, 444 pages : _bill. ; _c25 cm.
504			_aIncludes bibliographical references and index.
505			_aFinancial derivatives a brief introduction A primer on the arbitrage theorem Review of deterministic calculus Pricing derivatives : models and notation Tools in probability theory Martingales and Martingale representations Differentiation in stochastic environments The Wiener process, Lévy processes, and rare events in financial markets Integration in stochastic environments Itô's lemma The dynamics of derivative prices Pricing derivative products : partial differential equations PDEs and PIDEs an application Pricing derivative products : equivalent Martingale measures Equivalent Martingale measures New results and tools for interest-sensitive securities Arbitrage theorem in a new setting Modeling term structure and related concepts Classical and HJM approach to fixed income Classical PDE analysis for interest rate derivatives Relating conditional expectations to PDEs Pricing derivatives via Fourier transform technique Credit spread and credit derivatives Stopping times and American-type securities Overview of calibration and estimation techniques
520			_aAn Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments using stochastic calculus. Requiring only a basic knowledge of calculus and probability, it takes readers on a tour of advanced financial engineering. This classic title has been revised by Ali Hirsa, who accentuates its well-known strengths while introducing new subjects, updating others, and bringing new continuity to the whole. Popular with readers because it emphasizes intuition and common sense, An Introduction to the Mathematics of Financial Derivatives remains the only "introductory" text that can appeal to people outside the mathematics and physics communities as it explains the how's and whys of practical finance problems. Facilitates readers' understanding of underlying mathematical and theoretical models by presenting a mixture of theory and applications with hands-on learning. Presented intuitively, breaking up complex mathematics concepts into easily understood notions. Encourages use of discrete chapters as complementary readings on different topics, offering flexibility in learning and teaching
650		0	_aDerivative securities _xMathematics.
700	1		_aNeftci, Salih N.
942			_2ddc _cBK
999			_c23211 _d23211