 Amazon Student members save an additional 10% on Textbooks with promo code TEXTBOOK10. Enter code TEXTBOOK10 at checkout. Here's how (restrictions apply)
Stochastic Calculus for Finance II: ContinuousTime Models Paperback – Oct 4 2013
Amazon Price

New from  Used from 
Hardcover
"Please retry"

CDN$ 74.95  CDN$ 74.97 
Paperback
"Please retry"

CDN$ 93.04

CDN$ 93.04  CDN$ 114.87 
Special Offers and Product Promotions
Frequently Bought Together
Customers Who Viewed This Item Also Viewed
No Kindle device required. Download one of the Free Kindle apps to start reading Kindle books on your smartphone, tablet, and computer.
To get the free app, enter your email address or mobile phone number.
I'd like to read this book on Kindle
Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.
Product Details

Product Description
Review
From the reviews of the first edition:
"Steven Shreve’s comprehensive twovolume Stochastic Calculus for Finance may well be the last word, at least for a while, in the flood of Master’s level books.... a detailed and authoritative reference for "quants” (formerly known as "rocket scientists”). The books are derived from lecture notes that have been available on the Web for years and that have developed a huge cult following among students, instructors, and practitioners. The key ideas presented in these works involve the mathematical theory of securities pricing based upon the ideas of classical finance.
...the beauty of mathematics is partly in the fact that it is selfcontained and allows us to explore the logical implications of our hypotheses. The material of this volume of Shreve’s text is a wonderful display of the use of mathematical probability to derive a large set of results from a small set of assumptions.
In summary, this is a wellwritten text that treats the key classical models of finance through an applied probability approach. It is accessible to a broad audience and has been developed after years of teaching the subject. It should serve as an excellent introduction for anyone studying the mathematics of the classical theory of finance." (SIAM, 2005)
"The contents of the book have been used successfully with students whose mathematics background consists of calculus and calculusbased probability. The text gives both precise Statements of results, plausibility arguments, and even some proofs. But more importantly, intuitive explanations, developed and refine through classroom experience with this material are provided throughout the book." (Finanz Betrieb, 7:5, 2005)
"The origin of this two volume textbook are the wellknown lecture notes on Stochastic Calculus … . The first volume contains the binomial asset pricing model. … The second volume covers continuoustime models … . This book continues the series of publications by Steven Shreve of highest quality on the one hand and accessibility on the other end. It is a must for anybody who wants to get into mathematical finance and a pleasure for experts … ." (www.mathfinance.de, 2004)
"This is the latter of the twovolume series evolving from the author’s mathematics courses in M.Sc. Computational Finance program at Carnegie Mellon University (USA). The content of this book is organized such as to give the reader precise statements of results, plausibility arguments, mathematical proofs and, more importantly, the intuitive explanations of the financial and economic phenomena. Each chapter concludes with summary of the discussed matter, bibliographic notes, and a set of really useful exercises." (Neculai Curteanu, Zentralblatt MATH, Vol. 1068, 2005)
From the Back Cover
Stochastic Calculus for Finance evolved from the first ten years of the Carnegie Mellon Professional Master's program in Computational Finance. The content of this book has been used successfully with students whose mathematics background consists of calculus and calculusbased probability. The text gives both precise statements of results, plausibility arguments, and even some proofs, but more importantly intuitive explanations developed and refine through classroom experience with this material are provided. The book includes a selfcontained treatment of the probability theory needed for stochastic calculus, including Brownian motion and its properties. Advanced topics include foreign exchange models, forward measures, and jumpdiffusion processes.
This book is being published in two volumes. This second volume develops stochastic calculus, martingales, riskneutral pricing, exotic options and term structure models, all in continuous time.
Masters level students and researchers in mathematical finance and financial engineering will find this book useful.
Steven E. Shreve is CoFounder of the Carnegie Mellon MS Program in Computational Finance and winner of the Carnegie Mellon Doherty Prize for sustained contributions to education.
See all Product DescriptionInside This Book
(Learn More)Browse and search another edition of this book.
An infinite probability space is used to model a situation in which a random experiment with infinitely many possible outcomes is conducted. Read the first page
Concordance
Front Cover  Copyright  Table of Contents  Excerpt  Index  Back Cover
What Other Items Do Customers Buy After Viewing This Item?

Steven ShreveCDN$ 60.13

Look for similar items by category
 Books > Business & Investing > Economics > Debt & Deficits
 Books > Business & Investing > Economics > Public Finance
 Books > Business & Investing > Industries & Professions > Accounting
 Books > Professional & Technical > Accounting & Finance > Accounting
 Books > Professional & Technical > Accounting & Finance > Economics > Debt & Deficits
 Books > Professional & Technical > Accounting & Finance > Economics > Public Finance
 Books > Professional & Technical > Accounting & Finance > Finance
 Books > Professional & Technical > Accounting & Finance > Industries & Professions > Accounting
 Books > Professional & Technical > Professional Science > Evolution
 Books > Professional & Technical > Professional Science > Mathematics > Applied
 Books > Professional & Technical > Professional Science > Mathematics > Pure Mathematics
 Books > Science & Math > Evolution > Game Theory
 Books > Science & Math > Mathematics > Applied > Probability & Statistics
 Books > Science & Math > Mathematics > Pure Mathematics > Calculus
 Books > Textbooks > Business & Finance > Accounting
 Books > Textbooks > Business & Finance > Economics
 Books > Textbooks > Business & Finance > Finance
 Books > Textbooks > Sciences > Mathematics > Calculus
 Books > Textbooks > Sciences > Mathematics > Statistics