TY  - BOOK
AU  - Joshi,M S
TI  - The Concepts and practice of mathematical finance
SN  - 9780521514088
U1  - 332.0151 
PY  - 2010///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Derivative securities
KW  - Prices
KW  - Mathematical models
KW  - Finance
KW  - Interest rates
KW  - Investments
KW  - Mathematics
KW  - Options (Finance)
KW  - Risk management
N1  - 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. Strengths and weaknesses of different models, e.g. Black-Scholes, stochastic volatility, jump-diffusion and variance gamma, are examined. Both the theory and the implementation of the industry-standard LIBOR market model are considered in detail. Each pricing problem is approached using multiple techniques including the well-known PDE and martingale approaches
ER  -