||8 of 9 people found the following review helpful.| A very efficient book for the right audience|By Bachelier|Introduction to Stochastic Calculus Applied to Finance, translated from French, is a widely used classic graduate textbook on mathematical finance and is a standard required text in France for DEA and PhD programs in the field.
Most folks familiar with Steve Shreve's Stochastic Calculus Models for Finance wil||… this is one of those books that brilliantly develops mathematical concepts with little or no financial or intuitive motivation. If you already have the math skills and some familiarity with markets and financial engineering, you will love this book!
Since the publication of the first edition of this book, the area of mathematical finance has grown rapidly, with financial analysts using more sophisticated mathematical concepts, such as stochastic integration, to describe the behavior of markets and to derive computing methods. Maintaining the lucid style of its popular predecessor, Introduction to Stochastic Calculus Applied to Finance, Second Edition incorporates some of these new techniques and concepts to provide...
[PDF.wd49] Introduction to Stochastic Calculus Applied to Finance, Second Edition (Chapman and Hall/CRC Financial Mathematics Series) Rating: 4.60 (782 Votes)
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