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Frequently Asked Questions in Quantitative Finance

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
Frequently Asked Questions in Quantitative Finance
ISBN
9780470748756
Publication Year
2009
Type
Textbook
Format
Paperback
Language
English
Publication Name
Frequently Asked Questions in Quantitative Finance
Item Height
171 mm
Author
Paul Wilmott
Publisher
John Wiley & Sons INC International Concepts
Subject
Finance
Item Weight
890 g
Item Width
127 mm
Number of Pages
624 Pages

About this product

Product Information

Getting agreement between finance theory and finance practice is important like never before. In the last decade the derivatives business has grown to a staggering size, such that the outstanding notional of all contracts is now many multiples of the underlying world economy. No longer are derivatives for helping people control and manage their financial risks from other business and industries, no, it seems that the people are toiling away in the fields to keep the derivatives market afloat! (Apologies for the mixed metaphor!) If you work in derivatives, risk, development, trading, etc. you'd better know what you are doing, there's now a big responsibility on your shoulders. In this second edition of Frequently Asked Questions in Quantitative Finance I continue in my mission to pull quant finance up from the dumbed-down depths, and to drag it back down to earth from the super-sophisticated stratosphere. Readers of my work and blogs will know that I think both extremes are dangerous. Quant finance should inhabit the middle ground, the mathematics sweet spot, where the models are robust and understandable, and easy to mend. ?And that's what this book is about. This book contains important FAQs and answers that cover both theory and practice. There are sections on how to derive Black-Scholes (a dozen different ways!), the popular models, equations, formulae and probability distributions, critical essays, brainteasers, and the commonest quant mistakes. The quant mistakes section alone is worth trillions of dollars! I hope you enjoy this book, and that it shows you how interesting this important subject can be. And I hope you'll join me and others in this industry on the discussion forum on wilmott.com. See you there!? FAQQF2...including key models, important formulae, popular contracts, essays and opinions, a history of quantitative finance, sundry lists, the commonest mistakes in quant finance, brainteasers, plenty of straight-talking, the Modellers' Manifesto and lots more.

Product Identifiers

Publisher
John Wiley & Sons INC International Concepts
ISBN-13
9780470748756
eBay Product ID (ePID)
88406656

Product Key Features

Number of Pages
624 Pages
Publication Name
Frequently Asked Questions in Quantitative Finance
Language
English
Subject
Finance
Publication Year
2009
Type
Textbook
Author
Paul Wilmott
Format
Paperback

Dimensions

Item Height
171 mm
Item Weight
890 g
Item Width
127 mm

Additional Product Features

Country/Region of Manufacture
United States
Title_Author
Paul Wilmott

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