The Mathematics of Financial Modeling and Investment Management
The Mathematics of Financial Modeling and Investment Management covers a wide range of technical topics in mathematics and finance. It enables the readers to fully understand the process of financial decision-making and its economic foundations. Special emphasis is placed on the new mathematical tools that allow a deeper understanding of financial econometrics and financial economics. Using a wealth of real-world examples, this book simultaneously shows both the mathematical techniques and the areas in finance where these techniques are applied.
This book also covers a variety of useful financial applications, such as:
- Arbitrage pricing
- Interest rate modeling
- Derivative pricing
- Credit risk modeling
- Equity and bond portfolio management
- Risk management