Derivative Pricing in Discrete Time

• Main Authors: Cutland, Nigel J. (Author), Roux, Alet (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: London : Springer London : Imprint: Springer, 2013.
• Series: Springer Undergraduate Mathematics Series,
• Subjects: Mathematics.; Finance.; Economics, Mathematical.; Probabilities.; Quantitative Finance.; Probability Theory and Stochastic Processes.; Finance, general.

Derivatives are financial entities whose value is derived from the value of other more concrete assets such as stocks and commodities. They are an important ingredient of modern financial markets. This book provides an introduction to the mathematical modelling of real world financial markets and th...