Description An ideal introduction for those starting out as practitioners of Mathematical finance, this book provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice.
Both the theory and the implementation of the industry-standard LIBOR market model are.
Black-Scholes, stochastic volatility, jump-diffusion and variance gamma, are examined.
Strengths and weaknesses of different models, e.g.
Description An ideal introduction for those starting out as practitioners of Mathematical finance, this book provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice
