Mathematical Finance

Author: Lin Qingquan
Publisher:
Publish Date: 2007-01-01
Features: With the development of financial liberalization and the continuous relaxation of financial regulations in various countries, a multitude of financial products have emerged, leading to an increasing uncertainty in modern financial markets. How to achieve optimal resource allocation under uncertainty has become a practical issue. Mathematical finance is the foundation for solving financial problems using mathematical tools. This book introduces the theoretical foundations of mathematical finance and its recent development, providing detailed analyses of theories at each stage. The Financial Graduate Core Textbook Series is a recommended textbook by the Ministry of Education. This series is designed to cultivate international talents and is tailored as the key textbook for finance graduate students. The chief editors of the series are leading academics in the field of financial research and teaching, with extensive teaching experience and profound research foundations, highly recognized by peers in this domain.